Under the provision of the Income Tax Law in India, a person can receive the gift under the following circumstances :
- Gifts from close or blood relatives
- Gifts received at the time of Marriage.
- Gifts that received by legacy or inheritance.
- Gifts received in contemplation of Death of the Donor.
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|Asked: 12/21/18, 2:35 AM|
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|Last updated: 2/2/19, 1:18 AM|