Unexplained gifts – Donee denied to make gifts – transaction is ...
Court Rules Gifts as Facade: Money Indirectly Transferred to Assessee's Account from Firm Found Unauthentic.
August 23, 2014
Case Laws Income Tax HC
Unexplained gifts – Donee denied to make gifts – transaction is not genuine but colorable – money is routed indirectly from the firm to the assessee's account under the garb of the gifts - HC
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