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Addition justified if creditworthiness of donors giving gift not proved
Case Law Details
- Case Name
- Mrs. Kumari Kanagam Vs Commissioner of Income-tax, (Madras High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Madras High Court
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HIGH COURT OF MADRAS
Mrs. Kumari Kanagam
versus
Commissioner of Income-tax,
TAX CASE (APPEAL) NO. 128 OF 2006†
AUGUST 22, 2012
JUDGMENT
Mrs. Chitra Venkataraman, J.
The assessee is on appeal as against the order of the Income Tax Appellate Tribunal raising the following questions of law in respect of the block assessment period 1986-87 to 1996-97 (upto 19.1.1996) :-
“1. Whether on the facts and in the circumstances of the case, the Income Tax Appellate Tribunal is right in law in holding that the sum of Rs. 78 lakhs advanced to P. Maniammal of Maniammal Textiles Pvt. Ltd., was unexp...





