Under which section Gift is taxed?
u/s 56 or 56(2)(x)?
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Taxabililty of Gift.
Replies (2)
56(2)(x)
Yes... I agreed.
it's u/s 56(2)(X)
**Provisions of sec 56(2)(x) of IT Act 1961(introduced by Finance Act - 2017)
it's u/s 56(2)(X)
**Provisions of sec 56(2)(x) of IT Act 1961(introduced by Finance Act - 2017)
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