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Its height of stupidity...
by Guest on Jul 20, 2008 03:10 AM

Please consult a CA... or a CA student like me... before publishing such articles..
A person has to pay tax before gifting it to relatives..
Than the gift is exempt in the hands of receiver..
So please come out of the myth that it is a zero tax..

And if next I find such a article.. I will sue u..

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Family income of Rs 13.10 lac & zero tax