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Income Tax - Highlights / Catch Notes

Home Highlights March 2012 Year 2012 This

Shoguns received on marriage taxable as gift - Shoguns were ...

Case Laws     Income Tax

March 12, 2012

Shoguns received on marriage taxable as gift - Shoguns were given to assesse and not to daughter, logically cheque should be in bride name - No details provided which showed that amount has been transferred to bride's account. Decided against assesee. - AT

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