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2006 (9) TMI 166 - PUNJAB AND HARYANA HIGH COURT
Whether Tribunal was justified in confirming the action of the authorities below by upholding the addition made on account of the gift – assessee could not establish the relationship with the donor, but merely showed movement through banking channel, which is not a sufficient evidence to prove genuineness of the gift - inherent discrepancies in the statement made by the assessee – Tribunal’s view is only possible view in the facts and the evidence on record – hence assessee’s appeal dismissed