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Calculator · Direct tax

Gift tax calculator under Section 56(2)(x)

This tool checks whether a gift of money, movable property or immovable property is taxed in the hands of the receiver and how much is added to income. It is used by anyone who received a gift, and families planning one. You need to enter the gift value, the relationship with the giver and the stamp duty value for property, and the result shows whether the gift is taxable and the amount added to income.

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How to use this calculator

  1. Enter the gift value, the relationship with the giver and the stamp duty value for property.
  2. Choose the gift type and the relationship to match your situation.
  3. Read whether the gift is taxable and the amount added to income in the result.

Gifts from specified relatives and some occasions are exempt; confirm the details of the giver and the occasion.

The result is an estimate for the figures you enter. It is not a filed return, a certificate or professional advice. Rates, thresholds and section numbers change with each Finance Act, and the Income-tax Act, 2025 applies from 1 April 2026 with new section and form numbers.

For the related work, see Income tax return (ITR) filing.

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Sources

Last reviewed: . General information only. Check the official source or speak to a Chartered Accountant before acting on a result.

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