Addition u/s 68 - Gift to the assessee by his maternal aunt - ...

High Court Rules Section 68 Addition Unwarranted: Gift from Maternal Aunt Qualifies as 'Relative' u/s 56(2)(v.

March 17, 2018

Case Laws Income Tax HC

Addition u/s 68 - Gift to the assessee by his maternal aunt - maternal aunt, is a ‘relative’ as defined under the explanation to Section 56(2)(v) - it is not permissible for the AO to judge the conduct of the donor sitting in his arm chair - no additions - HC

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Addition u/s 68 - Gift to the assessee by his maternal aunt - ...

High Court Rules Section 68 Addition Unwarranted: Gift from Maternal Aunt Qualifies as 'Relative' u/s 56(2)(v.

March 17, 2018

Case Laws Income Tax HC

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