TMI BlogGift Under Scrutiny: Section 68 Questions Validity of Capital Transfer Without Relationship or Friendship.Addition u/s 68 - no person will gift 50% of his capital to a person with whom he has no relationship, blood relation or friendship. - onus is on the assessee to prove genuineness - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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