*Definition of Property for Sec56(2)(vii) amended:-
1.Property=Only capital assets ¬ stock-in-trade,RawMaterial&consumable stores of business of recipient
2.Now,Bullion has also been included in movable property w.e.f. frm1.6.2010
*Sec142A(1)w.e.f.1.7.2010,A.O. can make reference to valuation officer forFMV for56(2)
1.Property=Only capital assets ¬ stock-in-trade,RawMaterial&consumable stores of business of recipient
2.Now,Bullion has also been included in movable property w.e.f. frm1.6.2010
*Sec142A(1)w.e.f.1.7.2010,A.O. can make reference to valuation officer forFMV for56(2)
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