Reopening of assessment - account transfer of foreign ...

Case Laws Income Tax

August 30, 2019

Reopening of assessment - account transfer of foreign bequest(gift) made in earlier year to Sri Lanka based bank account to India - the assessee is yet to enjoy a clear legal title on the trust property and therefore, the same could not have been treated as its income received under the provision of the Act - no escapement of income

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Reopening of assessment - account transfer of foreign ...

Case Laws Income Tax

August 30, 2019

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