Tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 July 2012
A person can introduce the share of rs 5 lacs which is recieved from their grandfather property it is taxabel or not?
CA PARAS BAFNA
(Expert)
17 July 2012
The meaning of introduce does not become clear until you do not add any word clarifying its situation where it has been introduced ?
.
However, shares received from grand father
is not taxable as income U/s 56.
.
.
However, shares received from grand father
is not taxable as income U/s 56.
.
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