https://www.taxtmi.com/caselaws?id=281850 The Tribunal allowed the Revenue's appeal, upholding the additions made by the Assessing Officer regarding the foreign gifts. The Tribunal found that the gifts were not genuine, the donors' capacity was not proven, and the stated occasion for the gifts was not substantiated. As a result, the addition of Rs. 2,36,838 to the assessee's income was upheld. en-us Thu, 12 Mar 1998 00:00:00 +0530 Tue, 09 Jul 2019 17:30:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281850 The Tribunal allowed the Revenue's appeal, upholding the additions made by the Assessing Officer regarding the foreign gifts. The Tribunal found that the gifts were not genuine, the donors' capacity was not proven, and the stated occasion for the gifts was not substantiated. As a result, the addition of Rs. 2,36,838 to the assessee's income was upheld. Case-Laws Income Tax Thu, 12 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281850