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Income Tax - Highlights / Catch Notes

Home Highlights March 2015 Year 2015 This

India Development Bonds received from NRI's/Overseas ...


India Development Bonds: Gifted by NRIs or Overseas Bodies, Enjoy Source Inquiry Immunity u/s 6 Conditions.

March 4, 2015

Case Laws     Income Tax     HC

India Development Bonds received from NRI's/Overseas Corporate Bodies as gifts - immunity from inquiry regarding the source - immunity only on compliance with the conditions of Section 6 and to the extent legislated - HC

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