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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Merely because she happens to be the daughter of the Managing ...


Court Rules Financial Support for MD's Daughter's Education Not Automatically Parental Gift in Tax Context.

April 17, 2015

Case Laws     Income Tax     HC

Merely because she happens to be the daughter of the Managing Director and the Chief Executive, it cannot be said that the money is spent by her parents out of love and affection for higher education of their daughter - HC

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