Income from salary

Direct Taxation

Sir , Gifts >5,000 is taxable received from employer know sir Is it exempt upto 5,000 and taxable beyond 5,000. Or Irrespective beyond 5,000 taxable..

M Naresh

CA Final

★ 3K+

17-Nov-20 15:51

665

Answers (2)

Fully taxable.

CA Suraj Lakhotia

Admin

17-Nov-20 16:28

Taxable fully

Srikanth Chary

CA Inter

★ 6K+

19-Nov-20 22:32