Diversion of income under a revocable transfer or arrangement - ...

Court Rules on Income Diversion u/s 60: Transferor Liable for Tax on Income Without Asset Transfer.

October 30, 2018

Case Laws Income Tax HC

Diversion of income under a revocable transfer or arrangement - section 60 - transfer of "income" without the "transfer of the asset" - the arrangement was made to avoid incidence of tax in AHR’s hands - additions confirmed.

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Diversion of income under a revocable transfer or arrangement - ...

Court Rules on Income Diversion u/s 60: Transferor Liable for Tax on Income Without Asset Transfer.

October 30, 2018

Case Laws Income Tax HC

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