TMI Blogamendment in section 56X X X X Extracts X X X X X X X X Extracts X X X X ..... Is there any new amendment in section 56 of income tax - Reply By MARIAPPAN GOVINDARAJAN - The Reply = There is no new amendment to Section 56 of the Income Tax Act after the amendments mad ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e vide Finance (No. 2) Act, 2014 . However the insertion of clause (ix) after Section 56(2)(viii) comes into effect from 01.04.2015. (ix) any sum of money received as an advance or otherwise in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the course of negotiations for transfer of a capital asset, if, - (a) such sum is forfeited; and (b) the negotiations do not result in transfer of such capital asset. - amendment in section 56 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Query Started By: - shweta Jain Dated:- 13-1-2015 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... axmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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