Employer giving some money to their employee as marriage gift. what is the tax treatment of the employee
raghuraman (Senior Assistant) (78 Points)
12 November 2011Employer giving some money to their employee as marriage gift. what is the tax treatment of the employee
Phalgun
(Audit Manager)
(327 Points)
Replied 12 November 2011
Gift received on the ocassion of marriage is exempt from tax. any sum received as marriage gift is not exempt.
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