Unaccounted gifts - All the donors were the Income-tax ...

Donors' Creditworthiness Confirmed; Gifted Amounts Recorded, No Extra Tax Levied Under Income Tax Provisions.

August 12, 2015

Case Laws Income Tax HC

Unaccounted gifts - All the donors were the Income-tax assessees. When it is so then the creditworthiness is proved. The amount was reflected in the books of account. - No addition - HC

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Unaccounted gifts - All the donors were the Income-tax ...

Donors' Creditworthiness Confirmed; Gifted Amounts Recorded, No Extra Tax Levied Under Income Tax Provisions.

August 12, 2015

Case Laws Income Tax HC

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