Case Law Details
Case Name : P.R. Ganapathy Vs DCIT (Madras High Court)
Appeal Number : T.C.A.No.142 of 2009
Date of Judgement/Order : 29/09/2022
Related Assessment Year : 2002-2003
Courts :
All High Courts Madras High Court
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P.R. Ganapathy Vs DCIT (Madras High Court)
Madras High Court held that addition of gifts as undisclosed income sustainable as there was no acceptable explanation as to the nature of relationship the gift receiver had with the donor in the course of business transaction.
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