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Deduction of money given to family member as gift

This query is : Resolved 

27 March 2019 Please let me know is there any provision to claim deduction in r/o money given to family member as gift for personal use. Suppose if i have transferred rs.45000/- to family member via internet banking for personal use. Can i claim deduction and in which section . Regards

27 March 2019 Gifts cannot be claimed as deduction under IT Act

21 November 2021 It will be deduction in capital account!!




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