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2014 (4) TMI 673 - HC - Income TaxGenuineness of the will – Burden to prove – Deletion of unexplained jewelry – Unexplained income – Held that:- All the facts cumulatively led both the authorities to concurrently hold that the Will was not questionable - Both have rightly held that it was a presumptive action on the part of the AO to dismiss the contents of the Will - the details from the certificate of the registered valuer in respect of jewelry bequeathed to the assessee by her father and also considering the supporting documents indicating clearly the transfer of amount from USA to India - the maximum sum that could have been transferred by the father if considered by each trip from USA was Rs.10 lakhs and accordingly, the Tribunal sustained a sum of Rs.10 lakhs out of Rs.18 lakhs – thus, there is no reason to interfere in the findings of the Tribunal – Decided against Revenue.
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