₹12.54 Crore Gift Case: ITAT Flags Genuineness Issues in Gift Received by Shilpa Shetty In a high-profile and instructive ruling, the ITAT has raised serious concerns over the genuineness of a ₹12.54 crore gift received by Shilpa Shetty from her husband. The case highlights a crucial principle under the Income-tax Act-mere documentation is not enough; the transaction…
The post ₹12.54 Crore Gift Case: ITAT Flags Genuineness Issues in Gift Received by Shilpa Shetty appeared first on The Tax Talk.
