Tax Authority Misapplies "Blood Relative" Instead of "Relative" u/s 56, Leading to Wrongful Income Addition.

Addition made on account of gift - Gift received his brother-in-law - exemption u/s 56 - Instead of relative as provided by the statute “blood relative” has been considered by the Learned AO and as a result whereof addition was made which is absolutely erroneous. .....

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