Unexplained income - unexplained money under section 69A - gifts ...

Case Laws Income Tax

July 23, 2022

Unexplained income - unexplained money under section 69A - gifts received by the assessee from brother and sister - It is a general practice followed that in time of medical emergencies, the near and dear ones of the family, close friends and relatives generally pool their resources to help the family in need. - gifts received by the assessee from her brother and sister cannot be added as unexplained income - AT

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Unexplained income - unexplained money under section 69A - gifts ...

Case Laws Income Tax

July 23, 2022

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