Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1995 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1995 (8) TMI 41 - HC - Income TaxExtract: .......e prior to the date of marriage by no stretch of imagination, can it be said that it was a gift to the spouse. In such circumstances, the income derived from the gifted amount is not covered by clause (ii) of sub-section (1) of section 64 of the Act. In view of the above, we answer the question in the affirmative and against the Revenue with costs.
|