When the same amount has been surrendered and taxed in the hands ...

Income Tax

February 17, 2017

When the same amount has been surrendered and taxed in the hands of donor then the source of the funds which were used for expenditure as to held as explained in the hands of donee assessee trust and provisions of section 69C cannot be invoked for making addition on account explained expenditure - AT

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When the same amount has been surrendered and taxed in the hands ...

Income Tax

February 17, 2017

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