Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 18] [Section 56(2)] [Section 56] [Entire Act]

Union of India - Subsection

Section 56(2)(ix) in The Income Tax Act, 1961

(ix)any sum of money received as an advance or otherwise in the course of negotiations for transfer of a capital asset, if,—