You don’t have to pay tax for gift by relatives
If I receive a non-agricultural land from my aunt as a gift, do I have to pay tax? My aunt has no children and wants to gift the land either to me or my mother. The market value of this land is around
Living allowance is fully exempted from tax net
Q) In my income-tax return for 2009-10, I have claimed for an exemption from the payment of capital gains tax under Section 54. In order to claim exemption under Section 54, I was told that the proper