https://www.taxtmi.com/highlights?id=66548 Addition of gift u/s 56(2)(vii) - gift been received by the assessee directly from the uncle - The only reason to treat the same as the income of the assessee is that the amount has been transferred from bank account of uncle’s son and his daughter-in-law who are residing abroad as non-resident. - The gifts so received could be construed as constructive gift from uncle. - Addition deleted - AT en-us Tue, 15 Nov 2022 09:17:11 +0530 Tue, 15 Nov 2022 09:17:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66548 Addition of gift u/s 56(2)(vii) - gift been received by the assessee directly from the uncle - The only reason to treat the same as the income of the assessee is that the amount has been transferred from bank account of uncle’s son and his daughter-in-law who are residing abroad as non-resident. - The gifts so received could be construed as constructive gift from uncle. - Addition deleted - AT Highlights Income Tax Tue, 15 Nov 2022 09:17:11 +0530 https://www.taxtmi.com/highlights?id=66548