https://www.taxtmi.com/caselaws?id=64822 The Tribunal dismissed the Revenue's appeal and allowed both appeals filed by the assessee. The protective and substantive additions made in the hands of the minor and his father were deleted. Additionally, the trading addition and unexplained cash credit were set aside. The Tribunal found the gift received to be genuine and covered by immunity under the relevant Act, leading to the deletion of the addition as unexplained income. en-us Fri, 14 Nov 2003 00:00:00 +0530 Thu, 10 Feb 2011 13:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64822 The Tribunal dismissed the Revenue's appeal and allowed both appeals filed by the assessee. The protective and substantive additions made in the hands of the minor and his father were deleted. Additionally, the trading addition and unexplained cash credit were set aside. The Tribunal found the gift received to be genuine and covered by immunity under the relevant Act, leading to the deletion of the addition as unexplained income. Case-Laws Income Tax Fri, 14 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64822