Maneka says assets gifted to wives should not be taxed, seeks changes in I-T Act
The provision to tax the gifted assets was originally formulated in the 1960s under the assumption that wives and daughters-in-law.
The provision to tax the gifted assets was originally formulated in the 1960s under the assumption that wives and daughters-in-law.
The tax department on Friday warned that those who undertake Benami transactions would invite Rigorous Imprisonment (RI) of up to…
