https://www.taxtmi.com/acts?id=10536 The amendment treats certain sums and properties received without consideration or for inadequate consideration by an individual or Hindu undivided family as taxable under income from other sources, using stamp duty value for immovable property and prescribed fair market value for other property, subject to specified exemptions (relatives, marriage, inheritance, contemplated death, local authorities, specified institutions) and allowing valuation referral to a Valuation Officer where stamp duty value is disputed. en-us Tue, 07 Jul 2009 15:51:32 +0530 Tue, 07 Jul 2009 15:51:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10536 The amendment treats certain sums and properties received without consideration or for inadequate consideration by an individual or Hindu undivided family as taxable under income from other sources, using stamp duty value for immovable property and prescribed fair market value for other property, subject to specified exemptions (relatives, marriage, inheritance, contemplated death, local authorities, specified institutions) and allowing valuation referral to a Valuation Officer where stamp duty value is disputed. Act-Rules Bills Tue, 07 Jul 2009 15:51:32 +0530 https://www.taxtmi.com/acts?id=10536