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Every article filed under the “Gift” tag — analysis, news and updates.

206 articles
Income TaxGift from HUF to Member Requires Verification Before Taxation: ITAT Rajkot
Income Tax

Gift from HUF to Member Requires Verification Before Taxation: ITAT Rajkot

CA Sandeep Kanoi10 months ago
Income TaxUnexplained Income Addition Deleted for Properly Documented Gifts from Relatives
Income Tax

Unexplained Income Addition Deleted for Properly Documented Gifts from Relatives

CA Sandeep Kanoi10 months ago
Income TaxTax Exemption on Gifts from Relatives: Tips for ITR Disclosure
Income Tax

Tax Exemption on Gifts from Relatives: Tips for ITR Disclosure

Lalit Rajput11 months ago
Income TaxGifts from Sisters Held Genuine – Section 68 Can’t Tax Natural Love and Affection
Income Tax

Gifts from Sisters Held Genuine – Section 68 Can’t Tax Natural Love and Affection

CA Vijayakumar Shetty11 months ago
Income TaxTax Treatment of Income from Other Sources
Income Tax

Tax Treatment of Income from Other Sources

TG Team12 months ago
Income TaxFully Explained Gift From Daughter Not Taxable as Unexplained Cash Credit
Income Tax

Fully Explained Gift From Daughter Not Taxable as Unexplained Cash Credit

CA Sandeep Kanoi1 year ago
Income TaxITAT Deletes Rs. 8.5 Lakh Gift Addition, Citing Donor’s Balance Sheet Capacity
Income Tax

ITAT Deletes Rs. 8.5 Lakh Gift Addition, Citing Donor’s Balance Sheet Capacity

CA Sandeep Kanoi1 year ago
Income TaxFrom Affection To Assessment Tax Implications of Cash Gifts From Grandparents
Income Tax

From Affection To Assessment Tax Implications of Cash Gifts From Grandparents

Anita Bhadra1 year ago
Income TaxGifts from Sister & Father-in-Law Accepted: ITAT Deletes Addition
Income Tax

Gifts from Sister & Father-in-Law Accepted: ITAT Deletes Addition

CA Sandeep Kanoi1 year ago
Income TaxSmart Gifting Strategies – Lawful Method To Reduce Tax Liability
Income Tax

Smart Gifting Strategies – Lawful Method To Reduce Tax Liability

Anita Bhadra1 year ago
Income TaxSection 54F Exemption Allowed: Oral Gift Satisfying Mohammedan Law Validates Claim
Income Tax

Section 54F Exemption Allowed: Oral Gift Satisfying Mohammedan Law Validates Claim

CA Sandeep Kanoi1 year ago
Income TaxMumbai ITAT Allows Post-Ceremony Marriage Gifts citing real-life practicality
Income Tax

Mumbai ITAT Allows Post-Ceremony Marriage Gifts citing real-life practicality

CA Vijayakumar Shetty1 year ago
Income TaxTaxation of Gifts and Zero Rating of Gift Transactions In The Hands of Individual
Income Tax

Taxation of Gifts and Zero Rating of Gift Transactions In The Hands of Individual

CA Tushar Kamdar1 year ago
Income TaxTax on Gift from Step-brother/sister under Section 56: ITAT Mumbai Ruling
Income Tax

Tax on Gift from Step-brother/sister under Section 56: ITAT Mumbai Ruling

CA Vijayakumar Shetty2 years ago