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P&H High Court Rules, Gift From Abroad Not Part of Income - (18 Feb 2016)

P&H High Court, while deciding old controversy hovering around two monetary gifts of $4 lakh for Oswal daughters, has made it clear that gifts received by Managing Director of Ludhiana-based Oswal Woollen Mills Limited, Jawahar Lal Oswal, for and on behalf of his daughters in England were valid.

Tags : P&H HIGH COURT   OSWAL WOOLLEN MILLS LIMITED  

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