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Gift Tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 July 2010 What is the limit for Gift paid by a husband to a wife since 1988?
Can anyone give me a table for the gift tax limits since 1988?
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srinath

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srinath (Expert)
23 July 2010 gift tax was abolished in 1997...
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Querist : Anonymous

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Querist : Anonymous (Querist)
23 May 2012 Can a grand - mother give a gift of sum exeeding Rs. 50,000/- to his grand - son in the year 2012?

What does the term 'lineal assecendent' mean & includes?
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