"June, 1985" Archive - Page 6

Circular No. 419-Income Tax dated 1-6-1985

Circular No. 419-Income Tax (01/06/1985)

Circular No. 419-Income Tax In the case of CGT v. Basant Kumar Aditya Vikram Birla [1982] 137 ITR 72 (Cal.), the karta of the assessee-HUF gave jewellery, cash and fridge of the value of Rs. 67,744 to his daughter at the time of her marriage. The assessee-HUF claimed that these were marriage expenses and did not fall within the ambit of ...

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