+91-90708 00090, +91-88837 00090, info@gmtestseries.com

Forum

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

Reply

Replies

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/-


Leave a Reply

You are not logged in. Please login to post replies
 

GM Test Series

GM Test Series

Instant Support
+91 90708 00090
+91 88837 00090
info@gmtestseries.com