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Sidhartha Agarwal   25 February 2019

Gift Money by cheque.

My boyfriend wants to give me a cheque of a certain amount as gift. How much amount can I receive as gift from non family members,without any tax liability. Please advise.


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 3 Replies

Suhail suhail (LAWYER)     25 February 2019

Previously the tax free gift   was  Rs. 50,000  in cash or in kind.

1 Like

Shashi Dhara   25 February 2019

Y u worry about tax take it and enjoy if any notice comes from i.t. department then think about it for jujubi amount.

Shashi Dhara   25 February 2019

Our i.t. department is paper tiger.it leaves malya.neerav Modi etc to escape and others who r in India don't care Bout IT

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