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Case Law Details

Case Name : Kanwar Natwar Singh Vs Directorate Of Enforcement & Anr (Supreme Court of India)
Related Assessment Year :
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RE PORTABLE IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL NO. 8601 of 2010 ARISING OUT OF SPECIAL LEAVE PETITION (C) NO. 10553 OF 2008 KANWAR NATWAR SINGH … APPELLANT VERSUS DIRECTOR OF ENFORCEMENT & ANR. … RESPONDENTS WITH CIVIL APPEAL NO. 8602 OF 2010 ARISING OUT OF SPECIAL LEAVE PETITION (C) NO. 10554 OF 2008 KANWAR JAGAT SINGH … APPELLANT VERSUS DIRECTOR OF ENFORCEMENT & ANR. … RESPONDENTS JUDGEMENT B. SUDERSHAN REDDY, J. 1. The central question of law arising on the appeal before this Court is whether a notice ser...
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0 Comments

  1. Hema says:

    Hi Shireen
    A gift received by an individual from his spouse, or from his brother or sister, or from the spouse’s brother or sister, parents, or from any lineal ascendant or descendant of oneself or one’s spouse would normally be fully tax-exempt. Similarly, any gifts of any amount whatsoever received from the spouses of any of these persons would also be completely exempt from income tax.

    One can make plain Gift Deed to keep the clarity on paper work.
    One can also make the gift deed on 100Re. stamp paper with signature of two witness.This should be done if the gift amount is quite substantial.

  2. Shireen says:

    As I understand from this website there is no gift tax involved whatever the amount if you get cash gift from a relative. I would like to know what papers are required in case the tax authorities question on the validity of relationship. Please advise.

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