Taxation Of Loans Gifts & Cash Credits

Year: 2024

This book provides comprehensive coverage of undisclosed incomes, including unexplained investments and cash credits, and extensive analysis of the taxation of gifts, such as awards, financial benefits, and promotional gifts. It features detailed case law analysis and practical applications under the Income Tax Act, Black Money Act, and Benami Property Transactions Act. A unique aspect is the inclusion of ready reckoners that provide quick references for legal consequences and tax implications based on investment specifics. Additionally, it covers the tax implications of transactions involving shell companies, immovable and movable properties, providing clear guidance for tax compliance and planning.

Tags: #loans #gifts #cashcredits #taxmanns #9789364555098