Section 68 requires assessing donor's capacity when subscribing to RIB Bonds, not at maturity.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Additions u/s 68 - capacity of the donor has to be examined with reference to the time when the donor subscribed to RIB Bonds and not its capacity at the time of the maturity of the RIB Bonds. - HC....