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Mr Rohit Malik
On 12/21/18, 2:11 AM

The tax levied on the gifts that you have received in money or its worth and which is over and above a certain set limit by the Indian law is known as a gift tax. These gifts include tangible, intangible, movable and immovable assets which can be given voluntarily and without considering it in money or it’s worth. 


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Asked: 12/21/18, 2:10 AM
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Last updated: 12/21/18, 2:11 AM