https://www.taxtmi.com/highlights?id=30091 Addition u/s 68/56(2)(v) - Donors very grim financial background does not justify gift of such a large sum, creditworthiness/financial capacity of donors not proved. Moreover, such gift is covered by section 56(2)(v) - Addition confirmed en-us Mon, 04 Jul 2016 16:15:09 +0530 Mon, 04 Jul 2016 16:15:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=30091 Addition u/s 68/56(2)(v) - Donors very grim financial background does not justify gift of such a large sum, creditworthiness/financial capacity of donors not proved. Moreover, such gift is covered by section 56(2)(v) - Addition confirmed Highlights Income Tax Mon, 04 Jul 2016 16:15:09 +0530 https://www.taxtmi.com/highlights?id=30091