where to show the exempt gift received in itr 1? also doe the person giving gift have to show it in his itr1 too if yes where?
RAJA P M
("Do the Right Thing...!!!")
(128010 Points)
Replied 26 August 2019
Kapadia Pravin
(17259 Points)
Replied 26 August 2019
neha
(Others)
(420 Points)
Replied 26 August 2019
Originally posted by : Kapadia Pravin | ||
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Exempt gift is a capital receipt by receiver Donee) and not an income at all. So not to be disclosed in ITR1 | ![]() |
oh ok thanx
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)