Donor creditworthiness Archives

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Income Tax

Onus is on thr assessee to prove the Creditworthiness of the...

Naresh Jakhotia - January 16, 2018

section 68 Pandit Vijay Kant Sharma v. CIT Decision: Against the assessee. Income from undisclosed sources--Addition under section 68 -- Gift--Assessee failed to establish creditworthiness of donors Facts: Assessing authority noticed...

EDITOR PICKS

Validity of Addition to income due to Difference in stock noticed...

June 5, 2020

Capital gains: Whether AO has power to refer the matter to...

June 4, 2020

GST: Rate of Tax on Aluminium ladders generally used for Domestic...

June 4, 2020

Welcome Judgement by Supreme Court : ITC to be given to...

July 31, 2019

Landmark Move : Input Tax credit (GST) Can not be denied...

May 31, 2019

Landmark Judgement – TDS credit need to be given even if...

March 12, 2019

Tag: Donor creditworthiness