{"id":2513,"date":"2018-10-17T02:15:27","date_gmt":"2018-10-17T02:15:27","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pendurthi-chandrasekhar-v-dcit-2018-407-itr-179-tap-hc\/"},"modified":"2019-04-29T13:24:55","modified_gmt":"2019-04-29T13:24:55","slug":"pendurthi-chandrasekhar-v-dcit-2018-407-itr-179-tap-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pendurthi-chandrasekhar-v-dcit-2018-407-itr-179-tap-hc\/","title":{"rendered":"Pendurthi Chandrasekhar  v. DCIT ( 2018) 407 ITR 179 \/ ( 2019) 175 DTR 73\/ 307 CTR 249 (T&#038;AP) (HC)"},"content":{"rendered":"<p>Allowing the appeal of the assessee Court held that ;S. 56(2)(v) of the Income-tax Act, 1961 was inserted by the Finance (No. 2) Act, 2004 with effect from April 1, 2005. As could be seen from the language of sub-clauses (a) and (b) of clause (v) of sub-section (2) of section\u00a056\u00a0, while under clause (a) which deals with a gift from any relative no occasion is envisaged, clause (b) dealing with money received from any other person, specifies the occasion of marriage. Accordingly the gift received form\u00a0 \u00a0maternal aunt cannot be assessed as income from other sources or as cash credits<b><\/b>for the reason that the assessee had offered an explanation supported by uncontroverted material showing transfer of the amount. (AY.2005 -06 to 2008\u201409).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 56 : Income from other sources \u2013Gifts from relatives-Maternal aunt- Gift need not be on a particular occasion-Addition cannot be made as income from other sources [ S.56 (2)(v)68  ]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2513","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-Ex","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=2513"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2513\/revisions"}],"predecessor-version":[{"id":5255,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2513\/revisions\/5255"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=2513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=2513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=2513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}