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Income Tax - Highlights / Catch Notes

Home Highlights December 2013 Year 2013 This

Gift from stranger - NRI gift could not be accepted as genuine ...


High Court Rules NRI Gifts Must Show Donor's Love, Affection, and Financial Capacity to Be Genuine.

December 10, 2013

Case Laws     Income Tax     HC

Gift from stranger - NRI gift could not be accepted as genuine unless the assessee was able to prove natural love and affection and financial capacity of the donor - HC

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