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1989 (2) TMI 93 - KERALA HIGH COURTExtract: .......clusion of the Appellate Tribunal that the assessees are entitled to the exemption of the entire gift of Rs. 20,000 made by each one of them to the two daughters, under section 5(1)(xii) of the Gift-tax Act. We answer the latter part of question No. 1 and questions Nos. 3 and 4 in the affirmative, in favour of the assessees and against the Revenue.
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