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Transfer of money

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 August 2013 Hi. I want to send money from Dubai to India. I want to give money to my sister who is married. My question is what are its tax consequences to both of us if I give that money as gift/hand loan. ...?
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
08 August 2013 There is no tax implication in the hands of both the parties.

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