Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2007 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2007 (7) TMI 289 - PUNJAB AND HARYANA HIGH COURTIncome from undisclosed sources - gift from non-resident Indian - assessee was not able to prove the capacity of the donor to make the gift - plea of gift for the treatment of the assessee on account of his ill health has remained unsubstantiated - it is well-settled that mere identification of the donor or receipt of amount through banking channel is not sufficient to satisfy the requirement of a genuine gift - Tribunal was correct in law in confirming the addition of Rs. 4 lakhs received by the assessee/appellant as a bogus gift
|