Gift taxability

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....ift taxability<br> Query (Issue) Started By: - OM PRAKASH Dated:- 27-3-2008 Last Reply Date:- 9-4-2008 Service Tax<br>Got 1 Reply<br>Service Tax<br>can an individual take gift of any amount from NRE ....

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....a/c of a person residing outside india? or covered under the limit of Rs. 50000 where there is no blood relation Reply By D Gupta: The Reply: There is no bar for receiving gift from NRE account of a....

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.... person residing outside India under Income Tax Act. However, under the provisions of section 56, the same should also meed the conditions for escaping income tax<br> Discussion Forum - Knowledge Shar....

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....ing ....