Gift to Mukesh Ramchand
20,000
(2)
Gift to Prakash Ramchand
15,000
(3)
Gift to Manohar Ramchand
25,000
(4)
Gift to Vashdev Ramchand ... show that the gifts were made by book entries and as such the gifts should be treated as outright gifts of cash. The revenue relies
trial Court. Her income derived from taking tuition, the cash
gifts she received during her marriage and loan received from R.Srinivasan
taken as explanation ... names without details of the persons found in the list of cash gift relied by A-2
and accepted by the trial Court is vague
trial Court. Her income derived from taking tuition, the cash
gifts she received during her marriage and loan received from R.Srinivasan
taken as explanation ... names without details of the persons found in the list of cash gift relied by A-2
and accepted by the trial Court is vague
earnings made from the money lending business started with the cash gifts received by the mother at the time of her marriage ... Year 1969-70 and the confirmatory letters indicating the receipt of cash gifts at the time of marriage were not contemporaneous evidence and the income
above, it is clear that the assessee-husband had given a cash gift of Rs. 10,000 to his wife in August 1967. This money ... gifted to the wife and she realises some income therefrom or realises money by selling it. Alternatively, the assessee might have gifted cash
submitted one more source for the cash
deposited during the FY 2012-13 that is a Cash gift of Rs.51,00,000/-
received from ... only one bank account.
Further the source of cash deposit was opening balance as also cash
gift received from her husband Shri B.S. Choudharyand
assessed or assessable by ITSC. The fact that the
cash was out of cash gifts from students was prima facie
accepted by ITSC when ... applicant
has also claimed that the cash earned by the trust was out of
cash gifts from students. This cash gift were nothing but
capitation
that the
cash seized was his cash in hand being carried over so many years. The submission of the
assessee that the cash was generated ... further submitted that out of the total cash in hand of the assessee,
the cash gifts received from the mother of the assessee totaling
that the
cash seized was his cash in hand being carried over so many years. The submission of the
assessee that the cash was generated ... further submitted that out of the total cash in hand of the assessee,
the cash gifts received from the mother of the assessee totaling
that the
cash seized was his cash in hand being carried over so many years. The submission of the
assessee that the cash was generated ... further submitted that out of the total cash in hand of the assessee,
the cash gifts received from the mother of the assessee totaling
