INVESTMENT BY TAX PAYER IN FAVOUR OF PARENTS

This query is : Resolved 

14 September 2010 SUPPOSE TAX PAYER WANTS TO INVEST MONEY IN FAVOUR OF HIS PARENTS NAME HOW CAN HE DO SO WHIOUT ANY INCOME TAX LIMITATION. WHAT IS THE PROPER WAY TO DO SO. EXPLAIN IT IN DETAIL

14 September 2010 Mediclaim is allowed.

But regular investments not allowed in the name of parents.



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