Section 56(2)(vii) of the Income Tax Act
CA Sarju Pandey
Author
File details
File description
Section 56(2)(vii)
Any Sum of Money or Value of Property received without consideration or
value of property, other than immovable property, received for inadequate consideration
to be subject to tax in the hands of the recipient, BEING an INDIVIDUAL OR a HUF
this is the best attempt of MINE
I am sure you must like it #pdf
Comments
Recent Files in Income Tax
View more →
PDF
FAQs on Agricultural Income (Section 2(5) and Rule 270) as per IT Act 2025
17 September 2026
Download
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Popular Files
- GST RET-1 Return: Monthly and Quarterly Filing Formats
- CA Final Financial Reporting (FR) Paper New Course Nov 2026
- RBI Releases India's Balance of Payments Data for Sept 2026
- RBI Announces TCCFM to Review Money, Forex and Government Securities Markets
- Monthly Economic Review - Oct 2026
- RBI Draft Guidelines on Priority Sector Lending: Consolidation of Instructions
- MoSPI Releases October 2026 CPI Data
- PAN CR-01: PAN Card Correction Form
- Revision of Rate of Aadhaar PVC Card Service
- PAN CR-02: PAN Card Correction Form
CAclubindia
