Tag Archives: Income tax on Gift

Gift-in-Kind is now Taxable

Posted on October 6, 2009 by Mukesh Goel

No.402/92/2006-MC (21 of 2009) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi Dated: September 30, 2009 PRESS RELEASE The Income Tax Act 1961 (the Act) has been amended with effect from 1 … Continue reading →

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