1986 (6) TMI 78 - AT - Income Tax

Summary

The appeal relates to the assessment year 1978-79 under the Gift Tax Act. The assessee was granted exemption as a non-resident for a gift made to their children. The CGT found the GTO's order erroneous, but the Tribunal quashed the CGT's order as the GTO had considered all relevant facts before determining the non-resident status. The appeal by the assessee was allowed.