No Prohibition in NRI accepting Cash Gift from Relatives, Addition cannot be made merely stating that the practice is ‘Unusual’: ITAT [Read Order]

NRI - Cash Gift - unusual - ITAT - taxscan

The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has held that there is no prohibition in law in accepting of cash gifts by NRIs from the family members and the addition cannot be made by the income tax department alleging the same as an ‘unusual practice’. The assessee, Atul H Patel is an individual and…

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