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2009 (10) TMI 576 - AT - Income TaxAddition of gift items lying with the assessee as income of the assessee - during assessment proceedings the assessee has stated to have received gift - assessee is not able to produce the donors before the AO though the declaration of gifts - no finding by the Departmental authorities that they are not having sufficient income to make the disputed gifts to the assessee and their identities are doubted - action in rejecting the claim of the assessee basing on only non-existence of relationship between the donor and the donee, cannot be a ground to brand the gifts as non-genuine – Appeal allowed
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