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Gift from relatives sec 68 applicable

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27 November 2020 One of I.t. Assess cash gift received from family relatives (1,90,000 *10)10 members one finicial year .
Question:
Assess sec 68 applicable in I.t. act.

27 November 2020 68 not applicable if it's of genuine cash gift received.

29 November 2020 Please give details of who are the family members who gave cash and what was occaasion for it purpose and sec 56 and 68 applicability.






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