Amendment of section 56

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..... y:— "(b) any immovable property, without consideration, the stamp duty value of which exceeds fifty thousand rupees, the stamp duty value of such property;"; (ii) in the Explanation, in clause (d),— (A) in the opening portion, for the word "means—", the words "means the following capital asset of the assessee, namely:—" shall be substituted and shall be deemed to have been substituted with e .....

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..... are substantially interested,— (i) without consideration, the aggregate fair market value of which exceeds fifty thousand rupees, the whole of the aggregate fair market value of such property; (ii) for a consideration which is less than the aggregate fair market value of the property by an amount exceeding fifty thousand rupees, the aggregate fair market value of such property as exceeds such .....

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