Search Results for Tag : Gifts

News

Supreme Court: Public Servant Can’t Show Gifts As Income From Legal Sources(16.02.2017)

SC has said that while it may be “legal” for public servants to accept gifts in cash and kind and later show it as part of their professional income f.....

Tags : Supreme Court, Public Servant, Gifts

Supreme Court: Public Servant Can’t Show Gifts As Income From Legal Sources(16.02.2017)

SC has said that while it may be “legal” for public servants to accept gifts in cash and kind and later show it as part of their professional income f.....

Tags : Supreme Court, Public Servant, Gifts

Gujarat High Court Issues Notice Over Input Tax Credit on Gifts(20.02.2020)

Gujarat High Court has issued notices to the Centre, State Government, Goods and Services Tax Council and Indirect Tax Board in a case related to the .....

Tags : Gujarat High Court, Input Tax Credit on Gifts

Conditional Gifts Incomplete Until Conditions are Complied With: Supreme Court(29.10.2018)

Supreme Court has held that a conditional gift only becomes complete on compliance of the conditions in the deed and the donor is within rights to can.....

Tags : Supreme Court, Conditional Gifts

J&K&L HC to Judicial Officers: Don't Offer Gifts to Visiting High Court Judges(23.06.2022)

Jammu & Kashmir and Ladakh High Court has issued circular restricting judicial officers of the subordinate courts from receiving, seeing off, arrangin.....

Tags : Jammu & Kashmir and Ladakh High Court, Judicial Officers, Gifts

Notifications & Circulars

Gifts up to a value of Rs. 50,000/- per year by an employer to his employee are outside the ambit of GST(10.07.2017)

It is being reported that gifts and perquisites supplied by companies to their employees will be taxed under GST. Gifts upto a value of Rs. 50,000/- p.....

Tags : Gifts, Ambit, GST