Follow Us:
  2. Income Tax
  3. Featured

Mumbai ITAT Allows Post-Ceremony Marriage Gifts citing real-life practicality

Case Law Details

Case Name : Dhruv Sanjay Gupta Vs JCIT (ITAT Mumbai)
Related Assessment Year : 2013-14
Courts : All ITAT ITAT Mumbai
Become a Premium member to Download. If you are already a Premium member, Login here to access.

Dhruv Sanjay Gupta Vs JCIT (ITAT Mumbai)

Assessee got married on 08.12.2012 &  had received gift on occasion of his marriage, consisting  of Rs.2 Crores from Shri AKG & Rs 11,35,523/- from Shri SJ.  Assessee claimed that he received the said gifts on the occasion of his marriage. Shri AKG is his first cousin from the paternal grandfather & amount  was received by cheque  dated 08.12.2012 drawn on Royal Bank of Scotland, Chennai branch, India. A memorandum of gift dated 08.12.2012 was

Please become a Premium member. If you are already a Premium member, login here to access the full content.

Tags:

Kindly Refer to Privacy Policy & Complete Terms of Use and Disclaimer.

Author Bio

Name: CA Vijayakumar Shetty
Qualification: CA in Practice
Company: Shetty & Co, Chartered Accountants, Mangalore
Location: Mangalore, Karnataka, India
Member Since: 17 Feb 2018 | Total Posts: 4550
CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

My Published Posts

Suppressed Sales Addition Deleted: KOT Data and Survey Admissions Without Corroboration Not Valid Penalty U/s 270A Set Aside as U/s 270AA Immunity Denied Due to Form 68 Glitch – ITAT Remands Case Denial of U/s 80G Approval to Educational Trust Held Unjustified – ITAT Directs CIT(E) to Grant Approval Construction Cost Disallowance in Capital Gains Set Aside; AO to Examine Valuation Report Reassessment Notice Issued to Deceased Person Invalid – Entire Proceedings u/s 147 Quashed – ITAT Bangalore View More Published Posts

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Latest Posts

View All Posts
Ads Free tax News and Updates

Featured Posts

View All Featured Posts

Popular Posts

Search Post by Date
March 2026
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031