2013 (10) TMI 4

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....er in this application is to condone the delay of 26 days in re-filing the appeal. 2. Heard. 3. For reasons stated in the application and arguments addressed, application is allowed and delay of 26 days in refiling the appeal is condoned. Income-Tax Appeal No. 224 of 2012 4. The appellant challenges order dated 04.1.2012 passed by the Income Tax Appellate Tribunal, Chandigarh Bench-B, ....

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....fts from relatives and friends on the occasion of his daughter's marriage. In response, the assessee, produced evidence, confirming receipt of `shagun' and gifts' from relatives and friends. The Assessing Officer, however, ordered an addition of Rs.21,07,513/- to the income of the assessee by holding that Section 56(2)(vi) of the Act, does not permit gifts received on account of an assessee's daug....

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....friends on the occasion of marriage of their children. The view taken by the Tribunal that gifts received at the time of marriage of the assessee's daughter do not fall within meaning of word "individual", should be set aside and the word "individual" may be interpreted to include gifts received on the occasion of marriage of an assessee's child. 7. Counsel for the respondent submits that the e....

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....sp;      (b) on the occasion of the marriage of the individual; or          (c) under a will or by way of inheritance; or          (d) in contemplation of death of the payer; or          (e) from any local authority as defined in the Explanation ....