Additions u/s 68 - capacity of the donor has to be examined ...

Section 68 requires assessing donor's capacity when subscribing to RIB Bonds, not at maturity.

September 9, 2015

Case Laws Income Tax HC

Additions u/s 68 - capacity of the donor has to be examined with reference to the time when the donor subscribed to RIB Bonds and not its capacity at the time of the maturity of the RIB Bonds. - HC

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Additions u/s 68 - capacity of the donor has to be examined ...

Section 68 requires assessing donor's capacity when subscribing to RIB Bonds, not at maturity.

September 9, 2015

Case Laws Income Tax HC

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