https://www.taxtmi.com/forum/issue?id=107853 Insertion of clause (ix) to the receipts provision under Section 56 treats any sum of money received as an advance or otherwise in the course of negotiations for transfer of a capital asset as covered where (a) the sum is forfeited and (b) the negotiations do not result in transfer of the capital asset, with the clause specified to operate from the announced commencement date. en-us Tue, 13 Jan 2015 20:03:59 +0530 Thu, 23 Jan 2025 15:57:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107853 Insertion of clause (ix) to the receipts provision under Section 56 treats any sum of money received as an advance or otherwise in the course of negotiations for transfer of a capital asset as covered where (a) the sum is forfeited and (b) the negotiations do not result in transfer of the capital asset, with the clause specified to operate from the announced commencement date. Discussion-Forum Income Tax Tue, 13 Jan 2015 20:03:59 +0530 https://www.taxtmi.com/forum/issue?id=107853