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2013 (10) TMI 711 - ITAT DELHIAdditions u/s 68 - genuineness of gift - Held that:- assessee has submitted all the necessary documents which were required. As is evident from the Hon'ble Apex Court decision in C.I.T. vs. Orissa Corporation Pvt. Ltd. [1986 (3) TMI 3 - SUPREME Court] non-turning up of the donor on Assessing Officer's summons, cannot be fatal to make the gift bogus. Accordingly, in the background of the aforesaid discussions and precedent, we set aside the orders of the authorities below on this issue and hold that the assessee has properly explained the gift of Rs. 2,00,000/- and addition made in this regard is deleted - Decided in favour of assessee.
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