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Mr Rohit Malik
On 12/21/18, 2:37 AM
No, there is some certain gift which is exempt from this tax. They are :
  1.     Gifts from Blood or close relations, irrespective of the value.
  2.     Immovable property located outside India.

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Asked: 12/21/18, 2:35 AM
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Last updated: 12/21/18, 2:37 AM