If gift of non-taxable item (non specified property like a DVD player), is received by an individual from a friend, and an entry is also passed in his personal books, is it necessary to show it in the income tax return (in income statement ) ?
4 Replies
Amit
(Accountant)
(261 Points)
Replied 16 July 2011
Dear Suraj,
This is a public forum and there are rules of conduct. There is no need to offer your mobile number or "free personal consultancy". You are a student so better focus on learning than "consulting"
Rohtash
(CA - Final / CS / B.Com)
(1140 Points)
Replied 25 July 2011
surely Suraj i agree with Amit`s point..
Prachi
(CA FINAL)
(2309 Points)
Replied 25 July 2011
| Originally posted by : Amit | ||
 |
Dear Suraj, This is a public forum and there are rules of conduct. There is no need to offer your mobile number or "free personal consultancy". You are a student so better focus on learning than "consulting" |
 |
yes everyone should maintain the ethics of cci.
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