transfer in the books of the company did not invalidate the gift in any way. Although the plaintiff would not be regarded as a shareholder ... transfer in the books of the company does not invalidate the gift in any way. It was held in that case that although the donee
prevented the appellants from
getting a declaration that the entire gift deed was invalid in lieu
of which they gave up, because of the compromise
satisfied. Therefore, the
assessment cannot be held to be illegal and invalid only for the reason that
notice under section ... cannot be held to be invalid. The Assessing Officer received
information with regard to receipt of bogus gift by the assessee and the
information
notice issued and assessment completed under section
153A of the act is invalid and unlawful being without
jurisdiction.
2. That the learned assessing officer ... confirming addition of
Rs.56,00,000/- on a account of gift received as unexplained
cash credit
notice issued and assessment completed under section
153A of the act is invalid and unlawful being without
jurisdiction.
2. That the learned assessing officer ... confirming addition of
Rs.56,00,000/- on a account of gift received as unexplained
cash credit
notice issued and assessment completed under section
153A of the act is invalid and unlawful being without
jurisdiction.
2. That the learned assessing officer ... confirming addition of
Rs.56,00,000/- on a account of gift received as unexplained
cash credit
notice issued and assessment completed under section
153A of the act is invalid and unlawful being without
jurisdiction.
2. That the learned assessing officer ... confirming addition of
Rs.56,00,000/- on a account of gift received as unexplained
cash credit
notice issued and assessment completed under section
153A of the act is invalid and unlawful being without
jurisdiction.
2. That the learned assessing officer ... confirming addition of
Rs.56,00,000/- on a account of gift received as unexplained
cash credit
notice issued and assessment completed under section
153A of the act is invalid and unlawful being without
jurisdiction.
2. That the learned assessing officer ... confirming addition of
Rs.56,00,000/- on a account of gift received as unexplained
cash credit
notice issued and assessment completed under section
153A of the act is invalid and unlawful being without
jurisdiction.
2. That the learned assessing officer ... confirming addition of
Rs.56,00,000/- on a account of gift received as unexplained
cash credit
