Based on how I'm understanding the question and comments, the only normal-sounding answer here would be "give it away." It's not necessarily wrong to say "give away it", but at the same time it's very choppy and not really natural.
Personal pronouns encompass object and subject pronouns. Subject pronouns are the typical "I, you, he, she, it, we, they" and are seen/heard whenever they have a role as the doer in the sentence. Object pronouns are "me, you, him, her, it, us, them" and are found on the receiving end of an action. Hope this helps!