https://www.taxtmi.com/manuals?id=4116 Where an individual or HUF receives immovable property without consideration and the stamp duty value exceeds the prescribed threshold, that value is ordinarily chargeable to tax; however, specified receipts are exempt from tax, including gifts from relatives, on marriage, by will or inheritance, in contemplation of death, from local authorities, from certain trusts and institutions (subject to conditions), and transfers not regarded as transfer such as HUF partition, corporate amalgamation/demerger and specified banking reorganisations. en-us Mon, 25 Dec 2023 12:49:00 +0530 Wed, 10 Jan 2024 16:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4116 Where an individual or HUF receives immovable property without consideration and the stamp duty value exceeds the prescribed threshold, that value is ordinarily chargeable to tax; however, specified receipts are exempt from tax, including gifts from relatives, on marriage, by will or inheritance, in contemplation of death, from local authorities, from certain trusts and institutions (subject to conditions), and transfers not regarded as transfer such as HUF partition, corporate amalgamation/demerger and specified banking reorganisations. Manuals Income Tax Mon, 25 Dec 2023 12:49:00 +0530 https://www.taxtmi.com/manuals?id=4116