https://www.taxtmi.com/caselaws?id=176205 The Appellate Tribunal ITAT MUMBAI allowed the appeal and directed the Assessing Officer to delete the addition of Rs. 2,30,924 as income from undisclosed sources in the hands of the assessee for the assessment year 2005-06. The Tribunal found the evidence provided by the elderly assessee regarding the gift to be credible, emphasizing the obligation to consider necessary evidence and noting the non-business nature of the assessee and the small amount involved. en-us Thu, 30 Jun 2011 00:00:00 +0530 Wed, 16 Dec 2015 17:48:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176205 The Appellate Tribunal ITAT MUMBAI allowed the appeal and directed the Assessing Officer to delete the addition of Rs. 2,30,924 as income from undisclosed sources in the hands of the assessee for the assessment year 2005-06. The Tribunal found the evidence provided by the elderly assessee regarding the gift to be credible, emphasizing the obligation to consider necessary evidence and noting the non-business nature of the assessee and the small amount involved. Case-Laws Income Tax Thu, 30 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176205