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gift tax

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(Querist)
11 March 2011 Dear sir,

Please let me know for i have to gift sum of Rs. 100000.00 to my daughter in law how much gift tax will be applicable
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CA KRISHNA KUMAR DARUKA

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CA KRISHNA KUMAR DARUKA (Expert)
12 March 2011 Gifts received from any relative is exempt from tax in the hands of recipient.

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