Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
gifts
by pratosh prasad on Feb 22, 2007 02:04 PM

what happens when i give my child a gift of, say,Rs.1.5 lac every year.is it not deducted completely from my taxable income and so will not be clubbed to my income.

    Forward  |  Report abuse
The above message is part of the Discussion Board:
Create tax-free income for child