Interest Free Loan given to Relatives whether taxable or not, under WEALH TAX...?
Please react at the earliest friends...
1 Replies
CS Bijoy
(Expert)
(6394 Points)
Replied 02 August 2011
The seventh circuit opinion on Crown Hardly settel this matter completely, the gift taxation of interest free loan is diminished significance under the new provision of wealth transfer tax provision of ERTA.
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