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2010 (6) TMI 497 - AT - Income TaxAddition of income – Gift genuine / non-genuine - Condonation of delay - The AO was not satisfied about the identity of the donor or their creditworthiness and the genuineness of the gifts as no evidence was furnished before him - Once onus is not discharged the addition has to be made under section 68 – As a result the appeal of the assessee is dismissed
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