Addition justified for Failure to prove genuineness of gifts received

 It was found that the assessee had enhanced the capital account by making an addition of Rs. 21,07,513 on account of gifts received from various persons on the occasion of marriage of his daughter. The assessee claimed that the said gifts fell under exception contained in section 56(2)(vi) of the Act. The assessee in order to draw benefit of the exemption under Proviso to section 56(2)(vi) of the Act was required to prove that the said gifts were received from any relative described there under or had been received on the occasion of marriage of the individual i.e., assessee. It has been rec...