https://www.taxtmi.com/news?id=17379 The Budget pairs a reduction in personal tax rates for small taxpayers with measures widening tax bases and strengthening anti avoidance: extension of Section 115BBDA dividend taxation to more residents, expansion of Section 56 to capture gratuitous or undervalued property transfers, deeming fair market value as consideration for certain unquoted share transfers, curbs on long term capital gains exemptions, rent withholding for certain payers, secondary transfer pricing adjustments, limits on interest deduction for thin capitalisation, and clarification on corpus donations between registered charitable entities. en-us Wed, 01 Feb 2017 14:19:13 +0530 Wed, 01 Feb 2017 14:19:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17379 The Budget pairs a reduction in personal tax rates for small taxpayers with measures widening tax bases and strengthening anti avoidance: extension of Section 115BBDA dividend taxation to more residents, expansion of Section 56 to capture gratuitous or undervalued property transfers, deeming fair market value as consideration for certain unquoted share transfers, curbs on long term capital gains exemptions, rent withholding for certain payers, secondary transfer pricing adjustments, limits on interest deduction for thin capitalisation, and clarification on corpus donations between registered charitable entities. News - Wed, 01 Feb 2017 14:19:13 +0530 https://www.taxtmi.com/news?id=17379