Science, asked by gowthamsquash30, 4 months ago

According to Jalds's mother what is a gift?​

Answers

Answered by Anonymous
2

Answer:

While gifts received by any person above Rs 50,000 is taxable, there are special exemptions for gifts to some specific relatives like children and parents. There are many ways in which individuals in India can save tax under various sections of the Income Tax Act.

Explanation:

Jai Shiv Shambu

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