Gift Taxability Under Section 56 2(VII)

CA Sahil Thakral , Last updated: 06 December 2017  
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GIFT In India for an individual and HUF Gift is a very common in Income tax term but to avoid the tax evader Government has made some provision related to this concept but subject to the below provision you can make tax planning accordingly Explanation to the Provision 56 2 (VII)

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CA Sahil Thakral
(CHARTERED ACCOUNTANT )
Category Income Tax   Report

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