Gift
This query is : Resolved
03 August 2010
whether cash gift received by pvt ltd company taxable ? If yes, then why and under which head / section ?
03 August 2010
yes Taxable , under the head 'other sources'
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03 August 2010
Yes...taxable under 'other sources'
04 August 2010
Pl see section 56(2)
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