Gift received – definition of 'relative' as provided under ...

Taxpayer's Receipt from Mother's Sister's Son Not a Tax-Exempt Gift u/s 56(2)(v) of Income Tax Act.

December 23, 2013

Case Laws Income Tax AT

Gift received – definition of 'relative' as provided under Explanation to section 56(2)(v) - The amount received by the assessee from mother's sister's son does not qualify for the benefit - AT

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Gift received – definition of 'relative' as provided under ...

Taxpayer's Receipt from Mother's Sister's Son Not a Tax-Exempt Gift u/s 56(2)(v) of Income Tax Act.

December 23, 2013

Case Laws Income Tax AT

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