Dear Sir,
Jewel Gift given to son on the ocassion of his Marriage is Exempted? if yes what is the threshold limit?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(169108 Points)
Replied 15 July 2018
Yes. [as per proviso II of sub-sec. 56(2)(x)(c) of IT act]
No limit.. It should be justifiable....
Krishna
(Manager - Genesis Tax Consultant)
(531 Points)
Replied 15 July 2018
Dear Sir,
Thank you so much for the information!!!
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(169108 Points)
Replied 15 July 2018
Most Welcome, Dear .......
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)