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2001 (1) TMI 75 - MADRAS HIGH COURTExtract: .......ng. In the said view of the matter, as the donor is at Malaysia and the donee a resident in India and the amount was sent through the bank, the assessee is entitled to the exemption as provided under section 5(1)(ii) of the Act. In the result, the question referred is answered in favour of the assessee and against the Revenue. No order as to costs.
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