New Tax Law on Gift of Property by Vikash Mundhra

 
• The Book explains the new provision of section 56(2)(vii) as introduced in the Finance (No.2) Act, 2009.
  
     
• It provides the applicability of the section through lucid language and examples, which helps layman and professionals for better understanding of the provision   
 
• It explains not only the impact of newly inserted section but also provide its affect on existing taxation law.
  
   
• Examples are indicative of impact on various possible transactions made by an individual or HUF in course of his life, which facilitate better practical understanding of the provision.
  
   
• Further, the rigorous impact of the section is also stipulated.
  
   
  
• The publication is also unveiled certain issues arises out of new Gift-tax Regime.