Held that gift from father and mother is accepted as genuine and gift from grand other is treated as non-genuine for failure to produce evidence. (AY. 2009-10)
Hemant Pandya v. ITO(2023) 224 TTJ 610 (Indore)(Trib)
S. 69 : Unexplained investments-Income from undisclosed sources-Gift-Father and mother-Affidavits-Accepted as genuine-Gift from grand mother-Failure to produce evidence-Addition is affirmed. [ S.68]