https://www.taxtmi.com/caselaws?id=255088 The High Court held that the foreign gifts received by the assessee were not genuine as there was no evidence of natural love and affection or financial capacity of the donors. The appeal was allowed in favor of the revenue, upholding the decision against the assessee. en-us Wed, 12 Feb 2014 00:00:00 +0530 Wed, 18 Feb 2015 12:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255088 The High Court held that the foreign gifts received by the assessee were not genuine as there was no evidence of natural love and affection or financial capacity of the donors. The appeal was allowed in favor of the revenue, upholding the decision against the assessee. Case-Laws Income Tax Wed, 12 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255088