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Income Tax - Highlights / Catch Notes

Home Highlights May 2013 Year 2013 This

Gift of immovable property - assessee's brothers and mother have ...


Tax Department Must Prove Gift of Immovable Property by Family is Not Genuine; 1/8th Share Transfer in Question.

May 24, 2013

Case Laws     Income Tax     AT

Gift of immovable property - assessee's brothers and mother have gifted their 1/8th undivided share - very heavy burden lies on the department to prove that it is not the real one - AT

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