Cash Gift from Relatives: ITAT upholds Addition against Non-Resident [Read Order]

Cash Gift - Relatives - ITAT - Non-Resident - taxscan

The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has upheld addition against the assessee, a non-resident since he was unable to prove the genuineness of the cash gift received under section 69A of the Income Tax Act, 1961. The assessee, Mr. M Y Jahabar being non-resident was scrutinized u/s 143(3) for the year…

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