https://www.taxtmi.com/forum/issue?id=120693 Voluntary gifts from clients not linked to any supply are generally excluded from GST turnover, but where a gift is consideration in disguise or given in the course of business and exceeds the low value threshold it is treated as taxable turnover and taxed by applicable HSN. Input tax credit is not available for goods disposed of as gifts or free samples and must be reversed. For income tax, receipts from clients that arise from the professional relationship are generally taxable as business or professional income. en-us Sun, 04 Jan 2026 12:05:02 +0530 Sun, 11 Jan 2026 10:52:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120693 Voluntary gifts from clients not linked to any supply are generally excluded from GST turnover, but where a gift is consideration in disguise or given in the course of business and exceeds the low value threshold it is treated as taxable turnover and taxed by applicable HSN. Input tax credit is not available for goods disposed of as gifts or free samples and must be reversed. For income tax, receipts from clients that arise from the professional relationship are generally taxable as business or professional income. Discussion-Forum GST Sun, 04 Jan 2026 12:05:02 +0530 https://www.taxtmi.com/forum/issue?id=120693