https://www.taxtmi.com/caselaws?id=49320 The article addresses whether transfers of cash and jewellery were taxable income or gifts, clarifying that where an assessee asserts a receipt is not income, the revenue bears the burden of proving the receipt falls within the taxing provision; mere failure by the assessee to produce all possible documents cannot convert admitted receipts into taxable income absent other admissible evidence. The commentary finds the circumstantial material relied upon (family background, incidental third party references, uncorroborated ex parte information, and minor role in disbursements) insufficient to establish remuneration, so the receipts were held non assessable. en-us Wed, 21 Apr 1965 00:00:00 +0530 Fri, 24 Feb 2017 17:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49320 The article addresses whether transfers of cash and jewellery were taxable income or gifts, clarifying that where an assessee asserts a receipt is not income, the revenue bears the burden of proving the receipt falls within the taxing provision; mere failure by the assessee to produce all possible documents cannot convert admitted receipts into taxable income absent other admissible evidence. The commentary finds the circumstantial material relied upon (family background, incidental third party references, uncorroborated ex parte information, and minor role in disbursements) insufficient to establish remuneration, so the receipts were held non assessable. Case-Laws Income Tax Wed, 21 Apr 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49320