income tax on gifts received from parents, son, daughter, friends, family, relatives: Not many of us are aware that some of the gifts received on festivals, if not reported properly, may draw the taxmen's ire.
from The Financial Express https://ift.tt/3mgeeOt
Wednesday, 27 October 2021
Beware! Diwali, Dhanteras 2021 gifts can be taxed. Check these Income Tax rules to avoid taxmen’s Ire
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