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Gift received from brothers mother in law is taxable or not

Gift received from brothers mother in law is taxable or not

Since gift received from brothers mother in law is 11000 which is less than 50000 then why it is taxable

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CA Mitesh khurana Posted on 01,May,2019

Gift received from brothers mother in law is taxable U/H IFOS subject to the limit of Rs 50,000/-

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