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Tax

This query is : Resolved 
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(Querist)
15 May 2012 If i get some amount from my brother,will it be taxable for me.please advice

thanks
biswajit
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CA CKP

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CA CKP (Expert)
15 May 2012 No if you get amount as gift from your real brother.
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Sumti Bhadani

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Sumti Bhadani (Expert)
15 May 2012 Gift from real brother is not taxable.
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