VittSphere ONE Calculators Blog CA Prabhakar Kumar · FCA · ICAI 560762
Case law › Section 2(24)(xviia)

Section 2(24)(xviia)

What section 2(24)(xviia) does, and where it sits. This library holds no authority that turns on it.

No authority in this library turns on Section 2(24)(xviia). That is a statement about this library and not about the law: it means no judgment, circular or instruction held here decides a point under it. What the provision does is explained below. If you are looking for a decision on it, say so through the search box — a provision people search for and we hold nothing on is the most useful thing we can be told.

Explained in this library

What section 2(24)(xviia) does, in plain English, before you read what the courts made of it.

Gifts, and the Rs 50,000 line

Someone gave me money or property without payment — when is that taxable in my hands?