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Income Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Receipt by the assessee from the HUF of which the assessee was ...


Gifts from Hindu Undivided Family Members Not Taxable u/s 56(2) of Income Tax Act.

April 19, 2016

Case Laws     Income Tax     AT

Receipt by the assessee from the HUF of which the assessee was the member - treated as gift received from the relative (group of relatives) - Not Taxable u/s 56(2) r.w.s. 2(31) - AT

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