As I understand from the article,the earning male passes Rs 10.6 L to other three members as gifts & settlements.Is it really possible for a salaried person & if yes then how?
RE:RE:How to account for Gifts
by mridupawan sonowal on Jul 19, 2008 12:22 PM Permalink
I agree with Rahul badki. How is it possible for a salaried person to work out a ZERO TAX liability? Can the author explain to this point?
