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GIFT TAX

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17 June 2009 Please give me detail where i have to find about the GIFT TAX ACT i.e. Gift Given to Relative by Indian Individual leaving in India to his RELATIVE is exempted as per GIFT TAX ACT.
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
14 March 2012 Gift Tax Act has been abolished. However, if you want to read the Act, the same can be downloaded from incometaxindia.gov.in.
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