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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Taxability of Gift u/s 56 - the issue of gift of Indian ...

Income Tax

October 31, 2018

Taxability of Gift u/s 56 - the issue of gift of Indian Millennium Deposit certificate is not taxable in the hands of the assessee who received the same upon gift and also under the terms and conditions as stipulated in the Indian Millennium Deposit Certificate.

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