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gift to parents

This query is : Resolved 
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(Querist)
06 December 2009 hi
i m a govt employee.till now paid some 40,000.00 as tax . i red somehing about tax rebate for gift to parents can any body tell what is this.
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
07 December 2009 Where have u read tax rebate for gift to parents. there are no such rebates. If you have some details please share
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
07 December 2009 no rebate available regarding this.
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