Taxation of gifts: prescribed movable property received without consideration counts as income if aggregate value exceeds threshold. Gifts of specified movable assets received without consideration by an individual or HUF are charged to tax where the received asset is a prescribed movable property - including shares, jewellery, artworks, bullion and Virtual Digital Asset - and the aggregate fair market value received in the year exceeds the statutory threshold; ordinary movables not listed (e.g., a television set) are excluded from this charging provision.