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Gift

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 May 2015 Can I Show Gift in cash To Mother of rs.150000 From My Capital A/c; will it create any complication????
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
13 May 2015 Yes you can give gift to your mother. No Tax implication. Just get a gift deed executed.

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