Gift by partnership firm
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 August 2011
Can a partnership firm can give gift to non relative any of its asset (for eg. Property of Firm), what is the tax implication.
CA. Anoop Gadia
(Expert)
25 August 2011
max. exempt 50,000/ - gift can be given
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