All About Provision of Section 56(2)(X) of Income Tax Act, 1961

Safder Alam , Last updated: 26 December 2020  
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Background of the provision Over a period of time, the Government of India has time to time amended these provisions. Before 2017, Gift was taxable in hands of Individual, HUF, Firm and Closely held Company at tax is levied at the rates prescribed by Finance Act. The scope of chargeability und

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Safder Alam
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Category Income Tax   Report

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