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Gift transaction taxable or exempted

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13 July 2022 Sir,
A person (brother) immovable property gift received from another person (sister). after another date some amount pay brother cash gift to sister.
Question:
Above mentioned gift transaction taxable or exempted in it act.

14 July 2022 When considered as two different gifts, both are exempt as per sec. 56(2) of IT act.



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