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RE:incomes are tax-free
by Amitabh on Apr 29, 2007 01:08 PM

However,I would like to addone more thing here.Any sum received as a gift by individual or HUF under a will or as inheritance,even from a non relative,is exempt from tax without any limit.This is applicable for gifts received by individuals as well as HUF.

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All these incomes are tax-free