Merit of additions u/s 68 and Section 2(22)(e) - The addition ...
Income Tax Act Sections 68, 2(22)(e): Loan Converted to Gift Not Subject to Additional Taxation, Court Rules.
February 19, 2014
Case Laws Income Tax AT
Merit of additions u/s 68 and Section 2(22)(e) - The addition made is on account of gift which is nothing but loan taken by the assessee which was converted into gift during the year - No addition - AT
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