Delhi HC upholds validity of overseas gifts and donations, case dismissed

The Delhi HC confirmed the genuineness of gifts and donations received by the assessee from individuals in the U.S.A. and U.K. The court dismissed the case as no substantial question of law was found.

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The Delhi High Court confirmed that gifts and donations received by the assessee from known individuals in the U.S.A. and U.K. were genuine, as their identity and creditworthiness were established through affidavits and income tax returns. The court found no substantial question of law and dismissed the case.

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