Section 60 contemplates income arising to transferee which ...

Income Tax

March 7, 2019

Section 60 contemplates income arising to transferee which should be taxed in the hands of transferor in the event there is no actual transfer of assets from which such income accrued. This fiction u/s 60 operates irrespective of whether the concerned transfer is irrevocable or not.

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Section 60 contemplates income arising to transferee which ...

Income Tax

March 7, 2019

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