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Unless and until gift is connected with profession or vocation, it cannot be taxed
Case Law Details
- Case Name
- CIT Vs. Gopala Naicker Bangaru (Madras High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Madras High Court
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CASE LAWS DETAILS
DECIDED BY: HIGH COURT OF MADRAS, IN THE CASE OF: CIT Vs. Gopala Naicker Bangaru, APPEAL NO: TAX CASE APPEAL NO. 308 OF 2009, DECIDED ON JULY 21, 2010
JUDGMENT
M.SATHYANARAYANAN, J
The Revenue has preferred this Appeal under Section 260-A of the Income-tax Act, 1961 challenging the vires of the order dated 17.10.2008 passed by the Income Tax Appellate Tribunal `C’ Bench, Chennai, made in I.T.A 588/Mds./2005.
2. This appeal was admitted on the following substantial questions of law:-
1. Whether on the facts and circumstances of the case, the Income-tax Appellate Tribunal...
