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Income Tax - Highlights / Catch Notes

Home Highlights June 2016 Year 2016 This

Addition on account of unexplained gift - the amount of gift ...


Tax Authorities Add Unexplained Gift from Mother to Assessee's Taxable Income Due to Lack of Source Explanation.

June 21, 2016

Case Laws     Income Tax     AT

Addition on account of unexplained gift - the amount of gift claimed to be received by the assessee from his mother is not satisfactorily explained by the assessee. Addition confirmed - AT

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