TMI BlogUnexplained gifts – Donee denied to make gifts – transaction is not genuine but colorable – money is...Unexplained gifts – Donee denied to make gifts – transaction is not genuine but colorable – money is routed indirectly from the firm to the assessee's account under the garb of the gifts - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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