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Misguided By Rediff
by Jaimin Soni on Jul 10, 2008 09:50 AM

Hi friends,
I confirmed this from my CA and as per him the Gift is tax free only for the receiver.

But it will come to Mr.ZeroTaxWala after TDS. So this person is misguiding the other people. Otherwise most of the people will come under zero tax category.

Grow up rediff...

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Family income of Rs 13.10 lac & zero tax