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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Unaccounted gifts - creditworthiness of donor and genuineness of ...

January 21, 2015

Case Laws     Income Tax     AT

Unaccounted gifts - creditworthiness of donor and genuineness of gift is not proved because the assessee had no direct relationship with the donor and in the absence of any direct relationship, natural love and affection between the donor and donee was not established - AT

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