Easy Office

Applicability of section 56(2)(vii) to companies

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 October 2014 Whether amendment in section 56(2) (vii) in Finance Bill 2013 regarding inadequate consideration for purchase of immovable property is applicable to companies (purchaser) ?
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
03 October 2014 no..it applies only to individuals and HUF...
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
06 October 2014 correctly said only I and huf are covere by this..




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links