https://www.taxtmi.com/caselaws?id=171406 The HC affirmed the Tribunal's findings: although two donors were shown to own some land, the Jamabandi did not prove their annual income or that they were men of means, so claimed income from disclosed sources was not established. The Tribunal reasonably rejected the genuineness of two purported gifts-one from an unrelated donor and one from a relative-finding no explanation for the transfers. Accordingly, the HC answered the issues against the assessee and in favor of the revenue. en-us Wed, 21 Jan 1981 00:00:00 +0530 Sat, 01 Nov 2025 19:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171406 The HC affirmed the Tribunal's findings: although two donors were shown to own some land, the Jamabandi did not prove their annual income or that they were men of means, so claimed income from disclosed sources was not established. The Tribunal reasonably rejected the genuineness of two purported gifts-one from an unrelated donor and one from a relative-finding no explanation for the transfers. Accordingly, the HC answered the issues against the assessee and in favor of the revenue. Case-Laws Income Tax Wed, 21 Jan 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171406