2009 (11) TMI 40

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....revenue. ORDER: 1. This appeal has been preferred by revenue under Section 260A of the Income Tax Act, 1961 (for short, "the Act") against the order dated 19.7.2007 of the Income Tax Appellate Tribunal, Chandigarh Bench 'B' in I.T.A. No.773/Chandi/2006 for the assessment year 2003-04, proposing to raise following substantial question of law:- "Whether on the facts and in the circumstances of th....

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....or making any gift. The ingredients of making gift are duly satisfied in the present appeal. Even the revenue has not doubted the identity and capacity of the donor. The decision from the Hon'ble Delhi High Court in the case of CIT vs. R.R.S. Sibal (269 ITR 429) and CIT vs. Smt. Sunita Vachani (184 ITR 121) clearly supports the case of the assessee wherein affidavits of the donors were furnished. ....