Section 47

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....ection 47<br> Query (Issue) Started By: - C ChiranjeeviRaj Dated:- 31-1-2025 Last Reply Date:- 12-4-2025 Income Tax<br>Got 1 Reply<br>Income Tax<br>Amendment of Section 47 of Income tax Act about exem....

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....pted transfer for the purpose of capital gains. Only gifts by individual and HUF will be exempt. This amendment will take effect from 1st April, 2025. So clarify it is applicable from A.Y 2026-2027 or....

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.... A.Y 2025-2026. If so How? Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: It is applicable from AY 2026-27.<br> Discussion Forum - Knowledge Sharing ....