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Person received the gift this person is taxable or not. If It is taxable then which law (act)is aplicable and under section.....

Answers were Sorted based on User's Feedback



Person received the gift this person is taxable or not. If It is taxable then which law (act)is apli..

Answer / guest

income tax act

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Person received the gift this person is taxable or not. If It is taxable then which law (act)is apli..

Answer / rajsekharpati

income tax act . but if you received gift from your relative, it is not taxable

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DEAR SIR,PLEASE INFORM US THAT BETWEEN BILL DATE & INWARD DATE WHAT DATE WE HAVE TO WRITE IN "C" FORM.AS WHEN WE RECD.BILL IN DATED OF 30TH JUNE, & WE ARE TAKING THE SAME IN JULY AS OUR INWARD DATE, IN THIS CASE QUARTER HAS BEEN CHANGED & PARY IS ASKING FOR BILL DATE IN "C" FORM INSTEAD OF INWARD DATE.KINDLY HELP US IN THIS REGARD-RAJESH PATEL.PH.079-25624003

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