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“Donation” definition of section 55 of ITA

Posted on October 15, 2015February 23, 2019 by admin_kmos

(1)     In this Part, unless the context otherwise indicates –

 

 “donation” means any gratuitous disposal of property including any gratuitous waiver or renunciation of a right;

Posted in Section 55 (ITA) - Definitions for purposes of this Part, Definitions - ITA

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