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Whether the gift is taxable or not ???

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 September 2015 Respected sir,
Whether the House property gifted to a long married daughter is exempt from Tax or not ???
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Rajesh Kumar

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Rajesh Kumar (Expert)
23 September 2015 Yes. The gift is not taxable in the hand of daughter.

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