683/CBDT.
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.... to a maximum of Rs.50,000 in value in the aggregate in one or more previous years. It is also provided therein that the expression 'spouse', where there are more wives than one, means all the wives together. 2. Two questions arise in this connection, namely:- (i) Whether the term "spouse" can be interpreted to mean spouse even in cases where the donor is the wife and the donee, husband; and....
TaxTMI