ITR

Collection of Income Tax case laws / articale / the Financial Matters ect.

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Showing posts with label Section 56. Show all posts
Showing posts with label Section 56. Show all posts
Thursday, July 28, 2011

Unless & until gift is connected with profession/avocation, it cannot be taxed

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Unless and until gift is connected with profession or avocation, it cannot be taxed In the absence of link or connection between the gift ...
Sunday, June 19, 2011

Gift under Income Tax Act

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An attempt is made to highlight some of the salient features of Taxability of Gifts as Income under sections 56(vii) and (viia) of the Incom...
Thursday, May 19, 2011

Unless and until gift is connected with profession or avocation, it cannot be ta

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Unless and until gift is connected with profession or avocation, it cannot be taxed In the absence of link or connection between the gift...
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