https://www.taxtmi.com/notifications?id=133348 Exemptions are prescribed from the gift-tax provision for: immovable property in unauthorised colonies regularised by government notification where possession or title is evidenced by specified documents and the recipient is a defined resident; unquoted shares received under a tribunal-approved resolution plan following suspension of a company's board and appointment of government-nominated directors after affording the tax authority an opportunity to be heard; and equity shares allotted by a reconstructed bank under the reconstruction scheme to designated investors or investor banks at the scheme price. en-us Mon, 29 Jun 2020 00:00:00 +0530 Tue, 30 Jun 2020 09:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=133348 Exemptions are prescribed from the gift-tax provision for: immovable property in unauthorised colonies regularised by government notification where possession or title is evidenced by specified documents and the recipient is a defined resident; unquoted shares received under a tribunal-approved resolution plan following suspension of a company's board and appointment of government-nominated directors after affording the tax authority an opportunity to be heard; and equity shares allotted by a reconstructed bank under the reconstruction scheme to designated investors or investor banks at the scheme price. Notifications Income Tax Mon, 29 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=133348