https://www.taxtmi.com/caselaws?id=60836 Section 22 of the Gift-tax Act was read as not creating a valid appellate grievance in the circumstances, so the first appellate order was treated as without jurisdiction and liable to annulment, while the underlying assessment remained undisturbed. On the merits, the transfer was found not to be a genuine or bona fide gift because the surrounding facts, including the absence of a proved relationship between donor and donee and inconsistencies in the donor's statements, showed that tax authorities could look to the real character of the transaction. The assessment was sustained and the assessee's challenge failed. en-us Sat, 25 May 1985 00:00:00 +0530 Sat, 08 Jan 2011 12:31:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60836 Section 22 of the Gift-tax Act was read as not creating a valid appellate grievance in the circumstances, so the first appellate order was treated as without jurisdiction and liable to annulment, while the underlying assessment remained undisturbed. On the merits, the transfer was found not to be a genuine or bona fide gift because the surrounding facts, including the absence of a proved relationship between donor and donee and inconsistencies in the donor's statements, showed that tax authorities could look to the real character of the transaction. The assessment was sustained and the assessee's challenge failed. Case-Laws Income Tax Sat, 25 May 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60836