If the aggregate value of gift received during the year by an individual or HUF exceeds Rs. 50,000, whether total amount of gift will be charged to tax or only the amount in excess of Rs. 50,000 will be charged to tax?

Follow
You can complete filing your Income-tax return in just 15 minutes using the website or the mobile app:
Not filed yet? File your Income-tax return with myITreturn.com
3 reasons to file with myITreturn:
  1. Registered with the Income-tax Department
  2. Accurate and Simple
  3. Over 24 lakh users

or if you have a simple tax return, you can download our mobile app and file your Income-tax return

Comments

0 comments

Please sign in to leave a comment.

myITreturn
myITreturn
Labels: