Gift to family

This query is : Resolved 

12 June 2010 What are the rules about gift to the spouse or child ? Is it true that one can not gift money to them? How can one give money to them? What are the rules about income derived from such amount?

12 June 2010 FOR DETAILED ANAYSIS OF GIFT PROVISION , PLEASE CLICK ON BELOW LINK

http://www.itatonline.org/articles_new/index.php/law-on-taxability-of-gifts-a-comprehensive-analysis/



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