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Tax related

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27 February 2015 Sir I have given the gift amount of Rs. 5Lakhs to my cousin brother (i.e.) Son of father's brother.

I want to know about that any tax amount i have to pay for it sir?

Please advise me

27 February 2015 Your cousin have to pay tax on the gifted amount.

27 February 2015 agree with the expert




28 February 2015 Thank you very much for your reply



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