Taxability of gift for companies
This query is : Resolved
17 September 2011
What is the taxability of property received as gift by company from its director without any consideration in the hands of a company
21 September 2011
voluntary payments or gifts, are not taxable unless they can be attached to a pre-existing source such as a vocation
Surely the directorship is a pre-existing source?
But the better way is loan from director.
Surely the directorship is a pre-existing source?
But the better way is loan from director.
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