TMI Blog2007 (8) TMI 716X X X X Extracts X X X X X X X X Extracts X X X X ..... ue, and Mr. R.R.Agrawal, learned counsel for the opposite party. 2. The appeal raises the following substantial question of law:- Whether, on the facts and in the circumstances of the case, the learned ITAT was justified in deleting the addition of ₹ 90,000/- claimed as gifts received from 8 parties even though the assessee failed to prove genuineness of the aforesaid gifts? 3. Th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oduced before the Assessing Officer and, therefore, he had confirmed the addition. As against that, the Tribunal had noted that the memorandum of gifts were filed in each of these cases and gift tax assessment was made in the same ward where the assessee was being assessed. The Tribunal, therefore, observed that there was no difficulty for the Income Tax Officer to know from the record whether the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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