Chargeability of gifts made to HUF u/s 56 of IT Act

Gaurav Pahuja , Last updated: 20 September 2011  
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In this article the author has made an attempt to distinguish between the exemption benefits granted to Individual or HUF on gift received by them, although both of them are covered by the Act under the same section i.e. 56(2)(vii), leaving other categories of assessees e.g. AOP and BOI which are

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Gaurav Pahuja
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Category Income Tax   Report

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