Right to carry on business recognized as asset under amended tax provision, expanding scope of chargeable transfers. The amendment inserts the phrase "or right to carry on any business" after the words "any article or thing" in sub clause (i) of sub section (1) and in ... Summary
Right to carry on business recognized as asset under amended tax provision, expanding scope of chargeable transfers.
The amendment inserts the phrase "or right to carry on any business" after the words "any article or thing" in sub clause (i) of sub section (1) and in clause (a) of sub section (2) of section 55, effective from the stated fiscal commencement.
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