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Tag gift tax

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  • GIFT TAX ON SHARES & SECURITIES
Income Tax

GIFT TAX ON SHARES & SECURITIES

May 20, 2022 ConsultCAOnline 0 Comment

Gift tax is an act introduced by the Parliament of India in 1958. It was introduced to impose tax on giving and receiving gifts under certain circumstances which is specified under the act. if the value of the gift exceeds Rs.50,000 then the gift is taxed as income in the hands of the person who […]

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