Genuineness of gifts received from different sources - All the ...
Court Confirms Gifts from Various Sources Genuine; Only USA-Based Donor Not Assessed for Tax.
October 10, 2013
Case Laws Income Tax HC
Genuineness of gifts received from different sources - All the donors were assessed to tax except one who was based at USA - Identity of the donors so also creditworthiness and genuineness of the transaction having been established, gifts were not bogus - HC
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