Income Tax | Gift from Mother-in-Law Out of Encashed FDs Cannot Be Brushed Aside on Suspicion: ITAT Agra
ITAT Agra deletes Section 69 addition where ₹12 lakh gift from mother’s FDR encashment was established through complete banking trail. The post Gift from Mother-in-Law Out of Encashed FDs Cannot Be Brushed Aside on Suspicion: ITAT Agra appeared first on TaxGuru .
Attribution
Original credit: CA Vijayakumar Shetty. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.
Read on TaxGuru
