Taxation of Gifts received or specified assets purchased by a person

| Last updated: 05 December 2018

This article is all about the taxability of gifts received or specified assets purchased by any person. Situation prior to Finance Act-2017: Prior to Finance Act, 2017, any gifts received or specified assets purchased, by an Individual/HUF, at a price lower than the fair market value were tax
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Vaishali Jain

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