Social Sciences, asked by stark4416, 5 months ago

Diwali means to pay tax

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Answered by lRockstarl

8

Answer:

Diwali gifts received from friends will be treated as income from other sources and will be taxed accordingly. However, gifts (either Diwali or any other) up to Rs 50,000 received in aggregate during the financial year are exempt from tax.

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Answered by Sam1825

1

Answer:

what is your question, explain it properly??

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