Gift from reletive
Querist : Anonymous
Please suggest me what are the tax implications in this case and also suggest me how to show this transaction (as a gift or by any other way)?
Show it is as gift as it is gift.
Querist : Anonymous
whether there any need to make gift deed ?
i also want to know that whether i can give this amount to someone on interest ? if yes then what are the tax implication on that interest income
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