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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Genuineness of gift received in the form of IDBs - matter ...


Court to Review Legal Stance on Investigating India Development Bonds as Gifts from Non-Resident Indians Under Tax Law.

January 1, 2014

Case Laws     Income Tax     HC

Genuineness of gift received in the form of IDBs - matter referred to larger bench - whether the decision that no investigation can be allowed to be held pertaining to the India Development Bonds which were received from NRI's/overseas, Corporate Bodies as gifts is a correct view, in law? - HC

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