Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1998 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1998 (8) TMI 9 - MADRAS HIGH COURTExtract: ....... justified in holding that the insurance premium paid by the assessee in respect of the policy taken under the Married Women s Right to Property Act was not a gift in favour of his wife within the meaning of the Gift-tax Act and the amount is not liable to gift-tax. We answer the question in favour of the assessee and against the Revenue. No costs.
|