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Gift Tax

This query is : Resolved 

04 March 2009 I want to know if any gift given to relative than any gift tax liable

04 March 2009 I am surprised to note such Query being made by a qualified CA.

Nevertheless, the Querist may like to check the following link:

https://www.caclubindia.com/experts/experts_message_display.asp?group_id=27111

04 March 2009 Dear Chintan,
Nothing to worry, the problem may be of any type, as everybody is not updated in every field. I do request my professional friend to provide the answer rather the discouraging the members.
Gift tax is now no more this is for your update




04 March 2009 THERE IS NO GIFT TAX AS ON DATE.



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