Addition u/s 68 - when the donors were examined by the ...
Section 68: No Addition Needed if Donors Confirm Gift Under Oath and Through Banking Channels.
September 5, 2012
Case Laws Income Tax AT
Addition u/s 68 - when the donors were examined by the Assessing Officer on oath and they conformed the transaction of gift through banking channel and by cheques, than there is no scope of any doubt of identity and creditworthiness of the donor. - AT
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