https://www.taxtmi.com/caselaws?id=58488 Cash gifts from close relatives were not treated as unexplained income where confirmatory letters were produced and the donors' relationship and financial capacity were not doubted. The absence of dates on the letters was insufficient to reject them, and the fact that the donors lived abroad and were not personally examined was not fatal on these facts. Once the gifts were accepted as genuine, the addition for undisclosed income could not stand, and the levy of interest under sections 139B and 217(1A) became consequential and did not survive. en-us Tue, 26 Feb 1985 00:00:00 +0530 Mon, 20 Dec 2010 12:07:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58488 Cash gifts from close relatives were not treated as unexplained income where confirmatory letters were produced and the donors' relationship and financial capacity were not doubted. The absence of dates on the letters was insufficient to reject them, and the fact that the donors lived abroad and were not personally examined was not fatal on these facts. Once the gifts were accepted as genuine, the addition for undisclosed income could not stand, and the levy of interest under sections 139B and 217(1A) became consequential and did not survive. Case-Laws Income Tax Tue, 26 Feb 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58488