https://www.taxtmi.com/caselaws?id=62153 The Tribunal dismissed the departmental appeals and noted that the cross objections by the partners were not pressed, resulting in the dismissal of all appeals and objections. The judgment emphasized the necessity of clear evidence and proper investigation in gift-tax assessments, particularly when attributing gifts to individuals based on inferences. The Tribunal highlighted the importance of direct questioning to establish the facts and contributions accurately, emphasizing the limitations of drawing inferences without substantial evidence. en-us Fri, 17 Oct 1980 00:00:00 +0530 Tue, 18 Jan 2011 13:06:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62153 The Tribunal dismissed the departmental appeals and noted that the cross objections by the partners were not pressed, resulting in the dismissal of all appeals and objections. The judgment emphasized the necessity of clear evidence and proper investigation in gift-tax assessments, particularly when attributing gifts to individuals based on inferences. The Tribunal highlighted the importance of direct questioning to establish the facts and contributions accurately, emphasizing the limitations of drawing inferences without substantial evidence. Case-Laws Income Tax Fri, 17 Oct 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62153