https://www.taxtmi.com/circulars?id=4559 Receipts of a casual and non recurring nature are chargeable to tax only if they properly qualify as income in ordinary or extended statutory meaning; gifts of a purely personal nature remain non taxable, but gifts that are additions to salary or arise from a profession or vocation are taxable. en-us Fri, 27 Dec 1974 00:00:00 +0530 Wed, 30 Jul 2008 15:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4559 Receipts of a casual and non recurring nature are chargeable to tax only if they properly qualify as income in ordinary or extended statutory meaning; gifts of a purely personal nature remain non taxable, but gifts that are additions to salary or arise from a profession or vocation are taxable. Circulars Income Tax Fri, 27 Dec 1974 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4559