https://www.taxtmi.com/caselaws?id=35935 Where an assessee claims race winnings, the genuineness of the receipt must be established through reliable primary evidence, including supporting books and credible testimony. If the bookmaker's records are defective or unavailable, the bookmaker is not effectively available for cross-examination, and the assessee cannot verify that the alleged bets were actually placed on the relevant dates, the Tribunal may reasonably treat the credits as income from undisclosed sources. On that evidentiary basis, a finding that the receipt was not genuine is not perverse when it rests on relevant material rather than conjecture. en-us Wed, 04 Mar 1981 00:00:00 +0530 Thu, 18 Mar 2010 10:52:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35935 Where an assessee claims race winnings, the genuineness of the receipt must be established through reliable primary evidence, including supporting books and credible testimony. If the bookmaker's records are defective or unavailable, the bookmaker is not effectively available for cross-examination, and the assessee cannot verify that the alleged bets were actually placed on the relevant dates, the Tribunal may reasonably treat the credits as income from undisclosed sources. On that evidentiary basis, a finding that the receipt was not genuine is not perverse when it rests on relevant material rather than conjecture. Case-Laws Income Tax Wed, 04 Mar 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35935