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Taxation

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(Querist)
14 January 2014 money received from a friend work in australia is taxable for me
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@VaibhavJ

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@VaibhavJ (Expert)
14 January 2014 Hi

If it is loan then NO, & if it is gift then YES.

Thanks
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sandeep kumar

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sandeep kumar (Querist)
14 January 2014 sir how much may i take loan in one year
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