https://www.taxtmi.com/manuals?id=4105 Monetary gifts received by an individual or a Hindu Undivided Family are taxable when the sum is received without consideration and the aggregate value received during the year exceeds the statutory threshold; monetary gifts include cash, cheque, draft and similar forms of money. en-us Mon, 25 Dec 2023 12:22:00 +0530 Mon, 25 Dec 2023 12:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4105 Monetary gifts received by an individual or a Hindu Undivided Family are taxable when the sum is received without consideration and the aggregate value received during the year exceeds the statutory threshold; monetary gifts include cash, cheque, draft and similar forms of money. Manuals Income Tax Mon, 25 Dec 2023 12:22:00 +0530 https://www.taxtmi.com/manuals?id=4105