https://www.taxtmi.com/caselaws?id=242632 The Tribunal upheld the decision to delete the addition under section 56(2)(vi) as the amount received was considered to have sufficient consideration and fell within the exception clause of relative, making it a capital receipt not subject to tax. en-us Fri, 14 Jun 2013 00:00:00 +0530 Sun, 19 Jan 2014 09:44:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242632 The Tribunal upheld the decision to delete the addition under section 56(2)(vi) as the amount received was considered to have sufficient consideration and fell within the exception clause of relative, making it a capital receipt not subject to tax. Case-Laws Income Tax Fri, 14 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242632