Dismissing the appeal of the revenue the Tribunal held that , sum was received by assessee as a beneficiary of family trust set up by her father in 1974 in UK. Amount received from a foreign bank, as a result of disbursements from a family trust. CIT(A) is justified in deleting the addition. (AY. 2008 -09)
DCIT v. Pratibha Pankaj Patel. (2018) 173 ITD 593/( 2019) 175 DTR 105/ 307 CTR 233 (Ahd.) (Trib.)
S. 69 : Unexplained investments-Foreign remittances-From a foreign bank, as a result of disbursements from a family trust-Addition is held to be not justified.