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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Genuity of gift from father - One is also at a loss to ...

Income Tax

May 27, 2016

Genuity of gift from father - One is also at a loss to understand why, if her father was stationed in Bahrain as claimed by the appellant and if he wanted to gift his salary income earned in that country to his daughter living in India, he should transfer the amount to Singapore and then to India, instead of directly transferring the amount from Bahrain itself. - HC

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