New Rule: Section 68 of Income Tax Act Demands More Than Bank Statements to Prove Donor Creditworthiness. https://www.taxtmi.com/highlights?id=6732 Addition u/s. 68 - unless the bank statement are supported by any other corroborative evidence to establish the financial capacity of the donors the bank statements do not prove the credit worthiness - AT en-us Wed, 06 Feb 2013 08:44:09 +0530 Wed, 06 Feb 2013 08:44:09 +0530 TaxTMI RSS Generator New Rule: Section 68 of Income Tax Act Demands More Than Bank Statements to Prove Donor Creditworthiness. https://www.taxtmi.com/highlights?id=6732 Addition u/s. 68 - unless the bank statement are supported by any other corroborative evidence to establish the financial capacity of the donors the bank statements do not prove the credit worthiness - AT Highlights Income Tax Wed, 06 Feb 2013 08:44:09 +0530 https://www.taxtmi.com/highlights?id=6732