Widow faces tax notice over Rs 60 lakh cash deposits; ITAT granted 'gift' relief

The Income Tax Department reportedly found a woman deposited Rs 60,07,500 in cash in 2015-16 without filing a return. The Times of India reports the ITAT gave relief, citing a 'gift' explanation.

Timeline

1. 3 Nov, 17:33 UTCTimes of India reports ITAT gift relief

Top sources

• Widow faces tax notice for Rs 60 lakh cash deposits; why ITAT gave ‘gift’ reliefTimes of India