Section 47

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..... Section 47
Query (Issue) Started By: - C ChiranjeeviRaj Dated:- 31-1-2025 Income Tax
Income Tax
Amendment of Section 47 of Income tax Act about exempted transfer for the purpose of capital g .....

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..... ains. 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 A.Y 2025-2026. If so How?
Discussion .....

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..... Forum - Knowledge Sharing .....

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