GIFT RECEIVED
This query is : Resolved
10 November 2010
A PERSON WHO IS LEAVING IN USA HAS GIFTED RS. 200000.00 TO HIS BROTHER WHO IS LEAVING IN KOLKATA
IS THERE ANY TAX TO BE PAID BY ANYONE
IS THERE ANY TAX TO BE PAID BY ANYONE
10 November 2010
NO. PROVIDED SAME AMOUNT SHOULD BE PAID FROM THE TRANSFERER'S TAXABLE INCOME.
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