https://www.taxtmi.com/caselaws?id=238999 The Tribunal upheld the additions made by the Assessing Officer, confirming Rs. 35.00 lakhs for gift receipts and Rs. 2.00 lakhs for unverifiable expenses. The assessee failed to establish the genuineness of the transactions and the creditworthiness of the donor, leading to the additions being upheld due to insufficient supporting evidence provided. en-us Fri, 08 Feb 2013 00:00:00 +0530 Sun, 20 Oct 2013 11:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238999 The Tribunal upheld the additions made by the Assessing Officer, confirming Rs. 35.00 lakhs for gift receipts and Rs. 2.00 lakhs for unverifiable expenses. The assessee failed to establish the genuineness of the transactions and the creditworthiness of the donor, leading to the additions being upheld due to insufficient supporting evidence provided. Case-Laws Income Tax Fri, 08 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238999