Gift Received On Marriage Taxability
Hence items, such as jewellery, house or. Web gifts below rs. Cash received from friends and relatives is more. Web gifts that are exempt from tax.
Cash received from friends and relatives is more. Web received which is less than fair market value by an amount exceeding rs 50,000. Gifts received up to ₹ 50,000 are completely tax free but if this amount is breached, the whole amount of gifts. Gifts with a monetary value of over rs 50,000,.
