Clause (viia) taxed share gifts to firms and closely held companies from which date?
A1 April 2006
B1 April 2017
C1 October 2009
D1 June 2010
Answer & Solution
Correct answer: D. 1 June 2010
Clause (viia) began for shares received on or after 1 June 2010 and ran to 31 March 2017.
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