https://www.taxtmi.com/highlights?id=22324 Validity of Gift of Dividend - The companies are competent to make and receive gifts and natural love and affection are not the necessary requirements - The amount of gift so received is neither taxable as income from other sources u/s. 56 nor as capital gain nor as income u/s.2(22)(e) nor u/s.115JB of the I.T.Act. - AT en-us Wed, 01 Apr 2015 07:10:08 +0530 Wed, 01 Apr 2015 07:10:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=22324 Validity of Gift of Dividend - The companies are competent to make and receive gifts and natural love and affection are not the necessary requirements - The amount of gift so received is neither taxable as income from other sources u/s. 56 nor as capital gain nor as income u/s.2(22)(e) nor u/s.115JB of the I.T.Act. - AT Highlights Income Tax Wed, 01 Apr 2015 07:10:08 +0530 https://www.taxtmi.com/highlights?id=22324