56 CASH - AN OVERVIEW

If you get a present from a relative of any amount, it won't be taxable. There is not any higher limit for the quantity when it comes to relations. For example, In case your sister or brother items you Rs. 50,000, it will not be taxable beneath Section 56.There are several guidelines supplied by income tax act 1961 for taxation on gift irrespective

If Anybody of our customers elect to be faraway from the organization’s Make contact with list, this request will need to be forwarded to the precise vendor or an affiliate who's got supplied the Record Member’s facts to us so which the member’s Speak to facts may be put in the Will not Call classification. On the other hand, you need to keep