https://www.taxtmi.com/caselaws?id=385862 The Tribunal upheld the addition of a cash gift as undisclosed income in the assessment year 2015-2016. The Assessee failed to adequately prove the legitimacy of the gift, with the Tribunal emphasizing the lack of evidence regarding the donor's creditworthiness and the authenticity of the gifts. Despite attempts to support the gift claim with additional evidence during the appeal, the Tribunal found the Assessee's explanations lacking and dismissed the appeal. The decision highlighted the importance of providing substantial evidence to support claims in tax matters, ultimately affirming the addition of the cash gift as undisclosed income. en-us Wed, 11 Sep 2019 00:00:00 +0530 Mon, 16 Sep 2019 11:12:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385862 The Tribunal upheld the addition of a cash gift as undisclosed income in the assessment year 2015-2016. The Assessee failed to adequately prove the legitimacy of the gift, with the Tribunal emphasizing the lack of evidence regarding the donor's creditworthiness and the authenticity of the gifts. Despite attempts to support the gift claim with additional evidence during the appeal, the Tribunal found the Assessee's explanations lacking and dismissed the appeal. The decision highlighted the importance of providing substantial evidence to support claims in tax matters, ultimately affirming the addition of the cash gift as undisclosed income. Case-Laws Income Tax Wed, 11 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385862