Tag Archives: Transfer of Property without/Inadequate consideration

Tax on Transfer of Property without/Inadequate consideration w.e.f 01.04.2017 by any person Exceeding Rs 50000

By | February 2, 2017

Tax on Transfer of Property without/Inadequate consideration w.e.f 01.04.2017 by any person Exceeding Rs 50000 Summary  w.e.f 01.04.2017, Finance Bill 2017 proposed to insert a new clause (x) in sub-section (2) of section 56 so as to provide that receipt of the sum of money or the property by any person without consideration or for… Read More »