Clause (vi) taxed money gifts above Rs 50,000 until which date?
A31 March 2017
B31 March 2008
C30 September 2009
D31 March 2010
Answer & Solution
Correct answer: C. 30 September 2009
Clause (vi) covered sums received on or after 1 April 2006 but before 1 October 2009, when clause (vii) widened the net.
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