Clubbing and gifts
Parul Gunecha (Student) (75 Points)
05 June 2015Parul Gunecha (Student) (75 Points)
05 June 2015
CA PAYAL GAJJAR
(Personal Practice)
(150 Points)
Replied 06 June 2015
No, gift amount should be taxable under the head of other sources in the name of Mr. B if it exceeds Rs.50000/-