https://www.taxtmi.com/caselaws?id=168683 Reassessment was valid because the assessee had not fully and truly disclosed all primary facts material to assessment under section 34 of the Income-tax Act, 1922. The payments received from Princess Sita Devi were held taxable as income, not exempt gifts, because the record indicated they were referable to services rendered and the assessee produced no evidence to prove a genuine gift. The court stated that an assessee need not disclose legal inferences, but must disclose all material primary facts; where receipts are admitted, the burden lies on the assessee to establish exemption as a gift. Payments connected with employment or service are not exempt merely because they were voluntary. en-us Fri, 03 Aug 1962 00:00:00 +0530 Mon, 04 May 2015 10:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168683 Reassessment was valid because the assessee had not fully and truly disclosed all primary facts material to assessment under section 34 of the Income-tax Act, 1922. The payments received from Princess Sita Devi were held taxable as income, not exempt gifts, because the record indicated they were referable to services rendered and the assessee produced no evidence to prove a genuine gift. The court stated that an assessee need not disclose legal inferences, but must disclose all material primary facts; where receipts are admitted, the burden lies on the assessee to establish exemption as a gift. Payments connected with employment or service are not exempt merely because they were voluntary. Case-Laws Income Tax Fri, 03 Aug 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168683