Claim of gifts received - additions u/s 68 - the issue of gifts ...

Gifts Previously Accounted for Cannot Be Examined Again u/s 68 for Current Year Tax Assessment.

February 12, 2019

Case Laws Income Tax AT

Claim of gifts received - additions u/s 68 - the issue of gifts given in the earlier year cannot be examined for the year under consideration as it was part of the cash introduced by the assessee in the earlier year.

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Claim of gifts received - additions u/s 68 - the issue of gifts ...

Gifts Previously Accounted for Cannot Be Examined Again u/s 68 for Current Year Tax Assessment.

February 12, 2019

Case Laws Income Tax AT

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