{"id":3518,"date":"2018-02-28T16:39:02","date_gmt":"2018-02-28T11:09:02","guid":{"rendered":"https:\/\/www.hostbooks.com\/in\/?p=3518"},"modified":"2018-02-28T16:39:02","modified_gmt":"2018-02-28T11:09:02","slug":"section-63-transfer-revocable-transfer-defined","status":"publish","type":"post","link":"https:\/\/www.hostbooks.com\/in\/hb\/income-tax-act-1961\/chapter-v-income-of-other-persons-included-in-assessees-total-income\/section-63-transfer-revocable-transfer-defined\/","title":{"rendered":"Section &#8211; 63 : &#8220;Transfer&#8221; and &#8220;revocable transfer&#8221; defined"},"content":{"rendered":"<p>63. For the purposes of sections 60, 61 and 62 and of this section,\u2014<\/p>\n<p>(a)  a transfer shall be deemed to be revocable if\u2014<\/p>\n<p> \t(i) \tit contains any provision for the re-transfer directly or indirectly of the whole or any part of the income or assets to the transferor, or<\/p>\n<p> (ii)  it, in any way, gives the transferor a right to re-assume power directly or indirectly over the whole or any part of the income or assets ;<\/p>\n<p>(b)  &#8220;transfer&#8221; includes any settlement, trust, covenant, agreement or arrangement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>63. For the purposes of sections 60, 61 and 62 and of this section,\u2014 (a)<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":68,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[802,446],"tags":[],"yst_prominent_words":[1690,609,477,1965,1966,917,1964,1967],"_links":{"self":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/posts\/3518"}],"collection":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/users\/68"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/comments?post=3518"}],"version-history":[{"count":0,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/posts\/3518\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/media?parent=3518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/categories?post=3518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/tags?post=3518"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/yst_prominent_words?post=3518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}