I got a total Rs. 7800/- in small amounts as Amazon gift cards for few months testing of Google Gemini AI chatbot. Do I have to mention about this in ITR 3?
Hi @SV_D
Not required to be disclosed as Income in ITR as gifts up to 50,000 received from anyone are not taxable. You may disclose the same in Schedule-EI in ITR as exempt income.
Thanks
Thank you sir for your help.
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