Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2017 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (11) TMI 686 - HC - Income TaxReopening of assessment - unexplained gifts - Held that:- The argument with regard to the permission to the assessee for inspection of material, the Tribunal has observed that the fact reveals that a gift of ₹ 3,00,000/- has been received but the same has not been disclosed by the assessee and since the intimation from the investigation unit is an administrative in nature therefore the same cannot be permitted to be demonstrated to the assessee. The claim of the appellant/ assessee is that the inspection of record is essential for disposal of the case has been rejected. At the end the Tribunal has held that since the assessee has failed to produce the donors as well as the creditworthiness of the donors whereas various opportunities were allowed to the appellant, which the appellant failed to furnish any explanation, there is no option but to confirm the order passed by the authorities below. No illegality in the orders of the authorities below as well as in the impugned order of the Tribunal and since the assessee/appellant has failed to prove the creditworthiness of the donors as well as failed to place any evidence in support of her contention in respect of the issue which are raised before the Tribunal therefore we find no error in the order of the Tribunal. - Decided against assessee.
|