Amendment of section 56.

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..... n 12AB shall be substituted; (ii ) in clause (vi ), in the proviso, in clause (g ), for the word, figures and letters section 12AA , the words, figures and letters section 12AA or section 12AB shall be substituted; (iii ) in clause (vii ), in the second proviso, in clause (g ), for the word, figures and letters section 12AA , the words, figures and letters section 12AA or section 12AB shall be sub .....

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..... wenty-five thousand rupees received without consideration by an individual or a Hindu undivided family from any person on or after the 1st day of September, 2004 but before the 1st day of April, 2006, the whole of such sum shall be chargeable to income-tax. Clause (g) of the first proviso to clause (vii) provides that the clause of said sub-section shall not apply to any sum of money received from .....

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..... all be charged to tax under the head income from other sources. It is proposed to amend the said sub-clause (b) so as to provide that where any person receives, any immovable property, in any previous year, from any person or persons on or after the 1st day of April, 2017 for a consideration, where the stamp duty value of such property exceeds ten per cent. of the consideration, the excess amount .....

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