Home / 
Amendment of section 56.
X X X X Extracts X X X X
X X X X Extracts X X X X
....res and letters "section 12AA; or" shall be substituted; (b) after clause (g), the following clause shall be inserted, namely:- "(h) by way of transaction not regarded as transfer under clause (vicb) or clause (vid) or clause (vii) of section 47.". - Clause 34 of the Bill seeks to amend section 56 of the Income tax Act relating to income from other sources. The aforesaid ....
TaxTMI