Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
← back
Informative
Gift From NRI Relative Not Taxable as Income if Genuineness is Proved: ITAT
Income TaxWealth Transition & Succession
The ITAT ruled that a gift from an NRI relative is not taxable as income if its genuineness is proven. The tribunal emphasized that genuine gifts from relatives should not attract tax liabilities, providing relief to recipients of such gifts.
