Please Help: GIFT
Posted Date : 02-Jul-2011 , 05:59:09 pm | Posted By: NITIN GUPTA
Category :
Income Tax | Answers :
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Comments :
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WHETHER GIFT MADE BY MEMBER TO HUF AND VICE-VERSA WILL BE EXEMPT IN EITHER HANDS |
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Answers:
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 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
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| Answer by: Vikash Kumar Jha |
| Go with our expert's view
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| Answer by: Vikash Kumar Jha |
| Go with our expert's view
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