Dear Sir,
Jewel Gift given to son on the ocassion of his Marriage is Exempted? if yes what is the threshold limit?
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Gift - income tax
Replies (3)
Yes. [as per proviso II of sub-sec. 56(2)(x)(c) of IT act]
No limit.. It should be justifiable....
Dear Sir,
Thank you so much for the information!!!
Most Welcome, Dear .......
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