https://www.taxtmi.com/caselaws?id=240706 The High Court upheld the Income Tax Appellate Tribunal's decision to add the gift amount received from foreign donors to the assessee's total income. The court found that there was no evidence of a genuine relationship, natural affection, or valid occasion for the substantial gifts received. Emphasizing the importance of proving the genuineness of gifts through evidence of natural love and affection, financial capacity of the donor, and a valid occasion, the court dismissed the appeal for lack of merit. en-us Fri, 22 Nov 2013 00:00:00 +0530 Wed, 20 Aug 2014 11:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240706 The High Court upheld the Income Tax Appellate Tribunal's decision to add the gift amount received from foreign donors to the assessee's total income. The court found that there was no evidence of a genuine relationship, natural affection, or valid occasion for the substantial gifts received. Emphasizing the importance of proving the genuineness of gifts through evidence of natural love and affection, financial capacity of the donor, and a valid occasion, the court dismissed the appeal for lack of merit. Case-Laws Income Tax Fri, 22 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240706