https://www.taxtmi.com/caselaws?id=173690 The Tribunal set aside the tax liability increase imposed by the Assessing Officer and Commissioner of Income Tax (Appeals) on the respondent, a colonizer, for unproven gifts totaling &8377; 90,000. The Court, recognizing differing views and a tax liability of &8377; 53,312, referred to a circular advising against appealing cases with lower tax liabilities. As the case lacked significant legal questions, the Court dismissed the appeal. en-us Thu, 09 Aug 2007 00:00:00 +0530 Mon, 21 Sep 2015 11:46:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173690 The Tribunal set aside the tax liability increase imposed by the Assessing Officer and Commissioner of Income Tax (Appeals) on the respondent, a colonizer, for unproven gifts totaling &8377; 90,000. The Court, recognizing differing views and a tax liability of &8377; 53,312, referred to a circular advising against appealing cases with lower tax liabilities. As the case lacked significant legal questions, the Court dismissed the appeal. Case-Laws Income Tax Thu, 09 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173690