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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Gift from HUF - HUF can be treated as a ‘relative’ under the ...

August 5, 2015

Case Laws     Income Tax     AT

Gift from HUF - HUF can be treated as a ‘relative’ under the provisions of section 56(2) so as to exclude the amount received from HUF by the assessee-individual - amount of gift is not taxable - AT

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