Please Help: GIFT
Posted Date : 02-Jul-2011 , 05:59:09 pm | Posted By NITIN GUPTA
WHETHER GIFT MADE BY MEMBER TO HUF AND VICE-VERSA WILL BE EXEMPT IN EITHER HANDS
Category : Income Tax | Answers : 3 | Comments : 1 | Hits : 404
Answers
Answer By: CA VIKAS JAIN
UPTO Rs 50,000 No tax shall be levied, if transection value in a year exceeds this limit then whole amount is taxable
Answer By: Vikash Kumar Jha
Go with our expert's view
Answer By: Vikash Kumar Jha
Go with our expert's view
Comments
CA VIKAS JAIN
03-Jul-2011 , 05:06:43 pm