Home Case Index All Cases Wealth-tax Wealth-tax + HC Wealth-tax - 1970 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1970 (1) TMI 11 - HC - Wealth-taxAssessee purported to transfer a sum from his account to the account of his son, the donee - gifts were accepted by the donees, and the firm had accepted the transaction - transfer was effected by debiting the assessee`s personal account in the books of the HUF by the sum and crediting the same amount in the personal account of his son - held that, assessee had made a valid gift
|