Home / 
Tax Authorities Question Legitimacy of Gift Funded by Borrowed Money via NRE Account.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Gift received through NRE account - gift out of borrowed fund - A gift normally connotes a transaction where a person parts his own property to another without consideration and for love and affection. - additions confirmed - AT....
TaxTMI
TaxTMI