In the absence of anything to show that the transaction was by ...

Tax Court Rules Gifts Valid Without Money Laundering Evidence if Donor's Identity, Genuineness, and Capacity Proven.

November 25, 2016

Case Laws Income Tax AT

In the absence of anything to show that the transaction was by way of money laundering, additions could not be made towards gifts when the assessee has discharged his burden by proving the identity, genuineness and capacity of the donor. - AT

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In the absence of anything to show that the transaction was by ...

Tax Court Rules Gifts Valid Without Money Laundering Evidence if Donor's Identity, Genuineness, and Capacity Proven.

November 25, 2016

Case Laws Income Tax AT

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