GIFT FROM RELATIVE

CA PIYUSH KAPOOR , Last updated: 12 June 2009  
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Gift from a relative? No tax on it Introduction It is widely known that gifts from relatives are tax-exempt. But what is not widely known at all is that gifts received even from non-relatives can also be completely exempt from income tax. Here is the complete run-down from a renowned tax expert

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CA PIYUSH KAPOOR
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Category Income Tax   Report

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