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Foreign taxation

This query is : Resolved 
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(Querist)
21 April 2012 Shall any article gifted to a person for his personal use whose market value in India on the date of such gift does not exceed rupees twenty-five thousand be considered as a foreign contribution?
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
22 April 2012 No it has to be in convertible foreign exchange
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