Books Authors Publishers

Section 56(2)(x) – A Treatise

[Available]

₹650

Author(s)

The Chamber of Tax Consultants

Publisher

Taxmann Publications Pvt Ltd.

ISBN

9789390128662

Edition

2020

Pages | Format

320 | Paperback

Approx. Product Size

0.345

This book provides a complete guide on the provisions of Section 56(2)(x). Deemed income arises under this provision when any person receives gifts or acquires an immovable property or specified moveable assets without consideration or for inadequate consideration.

Section 56(2)(x) engages significant time and attention of all taxpayers and tax practitioners while planning and structuring any commercial transaction.

Chapter No	Chapter name
Chapter 1	Legislative history of Section 56(2)(x)
Chapter 2	Basic scope of Section 56(2)(x)
Chapter 3	Interpretation of words ‘Receive’ & ‘Consideration’
Chapter 4	Place of Receipt
Chapter 5	Scope of the term ‘Property’
Chapter 6	Taxation in case of restructuring
Chapter 7	Exemptions from the applicability of Section 56(2)(x)
Chapter 8	Applicability of Section 56(2)(x) to Private Trusts
Chapter 9	Other connected provisions [Section 2(24), 49, 50C, 50CA, 56(2)(viib), 68 & GAAR]
Chapter 10	Implications of Rules 11U and 11UA
Chapter 11	Appendices