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Gift tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 October 2010 Sir,this is an urgent issue.My company has arranged a draw of Car for customers.we want to show it as our expense.What provisions of Gift tax is applicable?Is there any other formality required?Plz Guide

05 October 2010 visit this link

https://www.caclubindia.com/experts/gift-498150.asp



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