Income Tax ke under Gift Deed par kya impact hai?
tax judiciary beginner questionBhai log, main to tax ke bare mein confusion me hoon. Hum Judicial Services ke exam mein Taxation Law ke questions bhi aate hain. Maine seekha hua hai ki gift deed ek type ki legal document hai jo kisi ko kuchh property ya wealth donate karne ka certificate deti hai. Lekin yeh bat hi confuse karti hai ki yeh gift deed income tax mein affect karti hai kya? Maine suna hai ki yeh depend karta hai investment type par. Kya yeh sach hai? Aur kya unke under ke gifts tax-free hote hain?
Please help brother, main confusion me aa gaya hoon.
2 Comments
Bhaiyo, Gift Deed par koi income tax ke liye jyada impact nahi hota hai. Lekin jab gift ek vardi ke baad income tax ke under declare kiya jaata hai, toh usme kuch conditions hote hain. Jaise ki gift deene wala aur recipient dono karnataka ya anya state me resident hona chahiye. Aur gift ka value Rs. 50,000 se kam karna padta hai.
"Sir, Gift Deed par Income Tax ke under kuch specific rules hain. Agar koi vyakti doosre ko Gift Deed ke under kuch sambandhit saamagri deta hai, jaise property, share etc, toh isme GST ke alawa koi Income Tax ka impact nahi hota.