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gift recived from relative
where to show the gift received from relative in excess of 50000 , can we show directly without showing in INcome as incomes fully exempted
Replies (6)
Gift received from relative is fully exempt
For your safe kindly prepare a gift deed.
yes I to know madam but we must disclosure in it returns
I am not Madam I am Sir & it is not required to disclose in return
thank you sirr for your kind reply
Welcome V Babu Ji
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