https://www.taxtmi.com/caselaws?id=181437 The Tribunal allowed the appeals of the assessee, concluding that the additions made by the Assessing Officer under section 68 of the Income Tax Act were not justified. The Tribunal held that the assessee had discharged the burden of proof regarding the genuineness of the transactions and the capacity of the donors. The Tribunal reversed the orders of the lower authorities and pronounced the decision in favor of the assessee. en-us Fri, 12 Aug 2011 00:00:00 +0530 Sat, 16 Apr 2016 18:06:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181437 The Tribunal allowed the appeals of the assessee, concluding that the additions made by the Assessing Officer under section 68 of the Income Tax Act were not justified. The Tribunal held that the assessee had discharged the burden of proof regarding the genuineness of the transactions and the capacity of the donors. The Tribunal reversed the orders of the lower authorities and pronounced the decision in favor of the assessee. Case-Laws Income Tax Fri, 12 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181437