Description
Taxmann Publications Taxation of Loans Gifts & Cash Credits 10th Edition 2021 by Taxmann
Taxmann’s Taxation of Loans, Gifts & Cash Credits provides a ready referencer along-with FAQs on the taxability arising from the following:
Undisclosed Income – Covering all aspects and complexity involved under Section 68 to Section 69D
Donee-Based Taxation of Gifts of Money Received by any Person (Taxation of Gifts of Money)
Taxation of Gifts of Immovable Property Received by any Person
Taxation of Gifts of Movable Property Received by any Person
The Present Publication is the 10th Edition which incorporates all the changes made by the Finance Act, 2021. The detailed contents of the book are as follows:
Undisclosed Income – Covering all aspects and complexity involved under Section 68 to Section 69D
Scheme of Taxation of Undisclosed Income Covered by Sections 68 to 69D
Voluntary Disclosure of Undisclosed Income
Detection of Undisclosed Income by Department
Cash Credits under Section 68
Share Application Money/Share Capital/Share Premium in case of Closely-Held Companies – When Unexplained Cash Credit
Share Application Money/Share Capital/Share Premium in case of Widely-Held Companies – When Unexplained Cash Credit
Whether Capital Gains from Shares Taxation u/s 68
Loans and Deposits – Whether Unexplained Cash Credit?
Deposits from Tenants – Whether and When Unexplained Cash Credits
Credits in Firm’s Books – When Unexplained Cash Credits
Sundry Creditors/Trade Creditors – When Unexplained Cash Credits
Unexplained Investments under Section 69
Unexplained Investment in Lottery Tickets
Additions u/s 69 on the Basis of Stock Statements Submitted to Banks
Unexplained Money, Bullion, etc. – Section 69A
Amount of Investments etc. not Fully Disclosed in Books – Section 69B
Unexplained Expenditure etc. – Section 69C
Amount Borrowed or Repaid on Hundi – Section 69D
Donee-Based Taxation of Gifts of Money Received by any Person (Taxation of Gifts of Money)
Donee-Based Taxation of Gifts
Taxability of Gifts of Sums of Money Received
Receipt of Sums of Money
Sum of Money Received without Consideration
How to Compute the Limit of Rs. 50,000
Tax-Exempt Gifts
‘Any Person or Persons’
Taxation of Gifts of Immovable Property Received by any Person
Immovable Property – Scope of this Term
Condition of Taxability of Gifts Received of Immovable Properties
Received without Consideration or for a Consideration Less Than Stamp Duty Value
Date of Receipt of Immovable Property
Valuation of the Immovable Property Received
How to Compute the Limit of Rs. 50,000 for Gifts of Immovable Property Received
Computation of Capital Gains on Transfer of Immovable Property Taxed as Gift
Taxation of Gifts of Movable Property Received by any Person
‘Property’ (Other than Immovable Property) (i.e. Movable Property)
Conditions for Taxability of Movable Property Received without Consideration or for Consideration Below Fair Market Value
Movable Property Received without Consideration/for Consideration less than Fair Market Value
Date of Receipt of Shares and Securities, Jewellery, etc.
Determination of Fair Market Value
Taxation of Shares and Securities Received
Valuation of Jewellery
Valuation of Artistic Work
Valuation of Bullion
How to Compute the Limit of Rs. 50,000 for Movable Property Gifts
Also Available:
[10th Edition | 2021] Taxmann’s Taxation of Capital Gains | Complete analysis on each aspect of capital gains with the help of ‘relevant’ judicial pronouncements, Circulars & Notifications, illustrations, checklists of actions to claim deductions
[2021 Edition] Taxmann’s Taxation of Cash Deposits & Deposits after Demonetisation | Understand the tax implications of cash deposited during routine course/demonetisation and get guidance on how to give responses to the notices of the department
[2021 Edition] Taxmann’s Law Relating to Search & Seizure with Assessment of Search Cases
[2020 Edition] Taxmann’s Law Relating to Assessment in Search Cases | Complete guidance on journey of the assessment proceedings starting from the ‘issue of warrant’ till the ‘levy of penalty’ with supporting judicial pronouncements
About the author
Taxmann
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