Widow gets tax notice over Rs 60 lakh cash gift claim
In short
A widow got an income tax notice over a claimed Rs 60 lakh cash gift from her late husband. Her lawyer told ITAT Pune that she is a housewife with no independent income, and filed Form 26AS, an affidavit, the death certificate, a computation sheet and bank statements from 24.08.2015 to 30.09.2015.
This matters because the tax office is treating the money as an unexplained credit. The report does not say how the case will end or whether the notice has been cancelled.
What the reporting says
A widow received an income tax notice over an alleged unexplained credit tied to a Rs 60 lakh cash gift from her late husband. The publisher summary says her counsel told ITAT Pune that she is a housewife with no independent income and submitted Form 26AS, an affidavit, the husband’s death certificate, a computation sheet and bank statements from 24.08.2015 to 30.09.2015. The current tax outcome is not stated.
Why it matters
A widow received an income tax notice over an alleged unexplained credit linked to a Rs 60 lakh cash gift from her late husband. The publisher summary says her counsel argued before ITAT Pune that she had no independent income and backed the claim with Form 26AS, an affidavit, the husband’s death certificate, a computation sheet and bank statements covering 24.08.2015 to 30.09.2015. The final tax outcome is not stated.