Advise on investment for nil i tax


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Querist : Anonymous

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Querist : Anonymous (Querist)
15 November 2013 My neighbour's yearly income for financial year 13-14 will be about 265000 rupees. From which he pays GPF rupees 96000. He got a gift of rupees 50000 in cheque, during above financial year. Kindly advise the investment he has to make for nil income tax.

15 November 2013 you need not to anything more.

you already have nil tax liability.


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