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    <title>Indian Millennium Deposit Certificate Gifts Non-Taxable u/s 56 for Recipients.</title>
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    <description>Taxability of Gift u/s 56 - the issue of gift of Indian Millennium Deposit certificate is not taxable in the hands of the assessee who received the same upon gift and also under the terms and conditions as stipulated in the Indian Millennium Deposit Certificate.</description>
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      <description>Taxability of Gift u/s 56 - the issue of gift of Indian Millennium Deposit certificate is not taxable in the hands of the assessee who received the same upon gift and also under the terms and conditions as stipulated in the Indian Millennium Deposit Certificate.</description>
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