INCOME TAX : Where suit properties were bequeathed to assessee’s mother under will and assessee had a right to question validity of will, sum received by assessee for giving up his rights to contest will could not be said to have been received without consideration and hence, could not have been brought to tax under section 56(2)(vii)(a)INCOME TAX : Where suit properties were bequeathed to assessee’s mother under will and assessee had a right to question validity of will, sum received by assessee for giving up his rights to contest will could not be said to have been received without consideration and hence, could not have been brought to tax under section 56(2)(vii)(a)www.taxmann.com Latest Case LawsRead More
