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Gift to (mothers sister)

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(Querist)
15 November 2013 Dear Experts Shall I gift Money in Cash worth Rs.5Lakhs to my mothers Sister. Please clarify. Thanks in Advance.
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CA Parul Saxena

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CA Parul Saxena (Expert)
15 November 2013 yes you can give tax to your relatives no tax implications
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CA BHARATH KUMAR

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CA BHARATH KUMAR (Expert)
18 November 2013 yes you can . here no tax will applicable
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