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I have two sons & 10lacs money which is from my arrear how I
can save more tax ?.......Can I give them gift 5lakh each
which neither taxable for my son nor for me...........?

Answer Posted / avinash singh

I hope right nobody can pay tax for A.Y.(2013-14)bcz that's
gift.

Is This Answer Correct ?    3 Yes 2 No



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