My wife uncle is offering me gift of USD 200000 as gift to my wife is it taxable and if not then what I would be required to take clearance for the same please send me format for the same
I had received gift from Father , It is Exempted from Tax ,But If I am eligable for ITR-2 , then which colum i have to show gift amount or i didn't have to fill up of exempted gift received by me
I would like to know if I could receive gift in cash from my mothers sister? Will this gift be subject to gift tax and if yes then how much? Is there a list of relatives from whom you can receive tax free gifts?
How much and from whom i can receive the gifts which is exemption under Income tax law? shall i show the gift received after 4 months marriege as marrige gift?
hi can i know how much tax i need to pay when i receive a gift worth 50000 in the form of TV from a company. my annual income is 3.2lakhs per annum. can u tell me the tax i need to pay
My father unfortunately passed away. My aunt has decided to give three gift checks to me,my sister and my mother? Any tax liability on either of the three checks? pls email the reply to: raj-1980@hotmail.com
