https://www.taxtmi.com/caselaws?id=269204 The ITAT upheld the CIT(A)'s decision in all three appeals for A.Y. 2001-02, 2004-05, and 2006-07, dismissing the revenue's claims. The tribunal concluded that the amounts in question were adequately explained, sourced from the assessee's father, and already taxed in his hands, thus precluding double taxation under section 68 of the Income Tax Act, 1961. en-us Fri, 04 Dec 2015 00:00:00 +0530 Thu, 10 Dec 2015 08:25:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269204 The ITAT upheld the CIT(A)'s decision in all three appeals for A.Y. 2001-02, 2004-05, and 2006-07, dismissing the revenue's claims. The tribunal concluded that the amounts in question were adequately explained, sourced from the assessee's father, and already taxed in his hands, thus precluding double taxation under section 68 of the Income Tax Act, 1961. Case-Laws Income Tax Fri, 04 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269204