Income Tax on sum received from Mother-in-Law by way Settlement of case in Court: ITAT directs Fresh Adjudication on ground of failing to make enquiry of correctness of claim [Read Order]

By Aparna. M - On July 13, 2023 10:30 am - 2 mins read
Income Tax - sum - Mother -in -Law - Settlement - case - Court - ITAT - directs - taxscan

The Delhi Bench of Income Tax Appellate Tribunal (ITAT)  directed fresh adjudication on grounds of failing to make enquiry on the correctness of claim of sum received from mother -in-law by way of settlement of case in court. The assessee, Pawanveer Singh engaged in a small business of kirana merchants and regularly filed his return…

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