Paintings Gifted by Well-Known Artists: Delhi HC Confirms Through Diwali Cards and Signed Letters, Deletes ₹34.67 Lakh Addition [Read Order]
The Delhi High Court held that paintings received by Rohit Gandhi from renowned artists were genuine gifts, not undisclosed investments, and deleted the Rs. 34.67 lakh tax addition
By Kavi Priya - On April 17, 2025 8:07 pm - 2 mins read
In a recent decision, the Delhi High Court deleted a tax addition of Rs. 34,67,900, ruling that paintings in his possession were genuine gifts from renowned Indian artists, relying on Diwali cards and signed confirmation letters from the artists. Rohit Gandhi, a director of Cue Apparel Pvt. Ltd. and a partner in an art-related firm,…
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