How Long to Read Taxmann’s Section 56(2)(x) – A Treatise – Your Complete Guide on the Provisions of Section 56(2)(x) | October 2020 Edition

How Long Does it Take to Read Taxmann’s Section 56(2)(x) – A Treatise – Your Complete Guide on the Provisions of Section 56(2)(x) | October 2020 Edition?

It takes the average reader and 18 minutes to read Taxmann’s Section 56(2)(x) – A Treatise – Your Complete Guide on the Provisions of Section 56(2)(x) | October 2020 Edition by The Chamber of Tax Consultants

Assuming a reading speed of 250 words per minute. Learn more

Description

This book provides a complete guide on the provisions of Section 56(2)(x). Deemed income arises under this provision when any person receives gifts or acquires an immovable property or specified moveable assets without consideration or for inadequate consideration. Section 56(2)(x) engages significant time and attention of all taxpayers and tax practitioners while planning and structuring any commercial transaction. This book is a compilation of chapters written by three different authors, each one of whom has a different mind-set and a different professional background and experience. This book is updated up to the Finance Act, 2020 & the key features of this book are as follows: • Practical understanding of each and every aspect of Section 56(2)(x) • Highlights various issues and discrepancies arising out of Section 56(2)(x) • Detailed and holistic exposition of each and every issue like ‘receipt’, ‘consideration’, etc. • Detailed and thorough analysis of Rule 11U and Rule 11UA The contents of the book are as follows: • Legislative history of Section 56(2)(x) • Basic scope of Section 56(2)(x) • Interpretation of words ‘Receive’ & ‘Consideration’ • Place of Receipt • Scope of the term ‘Property’ • Taxation in case of restructuring • Exemptions from the applicability of Section 56(2)(x) • Applicability of Section 56(2)(x) to Private Trusts • Other connected provisions [Section 2(24), 49, 50C, 50CA, 56(2)(viib), 68 & GAAR] • Implications of Rules 11U and 11UA • Appendices o Relevant Sections of the Income-tax Act, 1961 o Relevant Rules of the Income-tax Rules, 1962

How long is Taxmann’s Section 56(2)(x) – A Treatise – Your Complete Guide on the Provisions of Section 56(2)(x) | October 2020 Edition?

Taxmann’s Section 56(2)(x) – A Treatise – Your Complete Guide on the Provisions of Section 56(2)(x) | October 2020 Edition by The Chamber of Tax Consultants is 18 pages long, and a total of 4,644 words.

This makes it 6% the length of the average book. It also has 6% more words than the average book.

How Long Does it Take to Read Taxmann’s Section 56(2)(x) – A Treatise – Your Complete Guide on the Provisions of Section 56(2)(x) | October 2020 Edition Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 25 minutes to read Taxmann’s Section 56(2)(x) – A Treatise – Your Complete Guide on the Provisions of Section 56(2)(x) | October 2020 Edition aloud.

What Reading Level is Taxmann’s Section 56(2)(x) – A Treatise – Your Complete Guide on the Provisions of Section 56(2)(x) | October 2020 Edition?

Taxmann’s Section 56(2)(x) – A Treatise – Your Complete Guide on the Provisions of Section 56(2)(x) | October 2020 Edition is suitable for students ages 6 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Taxmann’s Section 56(2)(x) – A Treatise – Your Complete Guide on the Provisions of Section 56(2)(x) | October 2020 Edition?

Taxmann’s Section 56(2)(x) – A Treatise – Your Complete Guide on the Provisions of Section 56(2)(x) | October 2020 Edition by The Chamber of Tax Consultants is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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