Tax gifts to spiritual gurus as income – Hindu Business Line

Tax gifts to spiritual gurus as income – Hindu Business Line

Tax gifts to spiritual gurus as income
Hindu Business Line
Issues have arisen before courts regarding the taxability of gifts received by the heads of religious and spiritual bodies under the Income-Tax Act, 1961 (Act). The majority view seems to be that such gifts received in individual capacities – not as

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By |2011-06-24T11:44:02-07:00June 24th, 2011|Top Stories|Comments Off on Tax gifts to spiritual gurus as income – Hindu Business Line

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