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Commerce · Q302

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 302

Q302

If a money gift is received from which of the following is not taxable under any head?

A.
From any relatives
B.
On the occasion of the marriage of the individual
C.
Under a will or by way of inheritance
D.
All of the above
Answer

Answer: Option D

Solution

Answer: Option D
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