Delhi High Court |
A division bench of justices AK Sikri and Suresh Kait upheld the order passed by Income Tax Appellate Tribunal (ITAT) that gifts received by the BSP supremo from party supporters were not taxable under the Income Tax Act.
ITAT had accepted Mayawati's claim that immovable property worth Rs 62.72 lakh and cash payments of Rs 2 lakh were gifts given by her supporters out of love and affection.
The government in its appeal had held her claim as unacceptable and contended that cash and property given to Mayawati should be included in her annual income tax return.