Unexplained cash credit u/s 68 – It was incredible that a ...
Unexplained Cash Credits u/s 68: Gifts Deemed Implausible and Not Genuine for House Purchase.
November 4, 2013
Case Laws Income Tax AT
Unexplained cash credit u/s 68 – It was incredible that a complete stranger would want to gift lakhs of rupees to a person only because that person wanted the amount for purchasing a house - the gifts could not be said to be genuine - AT
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