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CA Prasad Chartered Accountant

CA Prasad Chartered Accountant
CA Prasad is a practicing Chartered Accountant and partner in Bangalore -based CA Firm. For further information or query, please email it to [email protected]

Are gifts received during weddings taxable?

is marriage gift received from non relative attract income tax

  “I don’t think so. No one will gift through Crossed Account Payee cheque or RTGS or NEFT transfers. Whatever gift is received (which comes mostly in cash) during the wedding is spent towards wedding expenses or to buy some valuables for the new home” If you ask anyone about ...

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