Same sex couple moves Bombay HC against gift tax rules; calls them unequal https://www.taxtmi.com/news?id=52651 A same sex couple has petitioned that the term spouse in the explanation to the fifth proviso to Section 56(2)(x) excludes them from a gift tax exemption and is constitutionally invalid; they seek inclusion of same sex partners within the proviso so long term stable same sex relationships receive the exemption afforded to spouses, and the High Court has issued notice and posted the matter for hearing. en-us Fri, 15 Aug 2025 20:16:03 +0530 Fri, 15 Aug 2025 20:16:03 +0530 TaxTMI RSS Generator Same sex couple moves Bombay HC against gift tax rules; calls them unequal https://www.taxtmi.com/news?id=52651 A same sex couple has petitioned that the term spouse in the explanation to the fifth proviso to Section 56(2)(x) excludes them from a gift tax exemption and is constitutionally invalid; they seek inclusion of same sex partners within the proviso so long term stable same sex relationships receive the exemption afforded to spouses, and the High Court has issued notice and posted the matter for hearing. News - Fri, 15 Aug 2025 20:16:03 +0530 https://www.taxtmi.com/news?id=52651