Gift from friends not to be doubted just because not received from blood relative

HIGH COURT OF ALLAHABAD CIT v/s.  Km. Sonali Jain IT APPEAL NO. 88 OF 2008 JULY 29, 2011 ORDER 1. This income tax appeal under Section 260-A of the Income Tax Act, 1961 (hereinafter referred to as “the Act”) has been preferred by the individual assessee against the order of the Income Tax Appellate Tribunal, Lucknow Bench dated 20.7.2007 passed in Income Tax Appeal No. 258/LUC/2006 concerning penalty in connection with assessment year 2001-02. 2. The respondent assessee for the relevant assessment year filed her income tax return on 31.7.2001 disclosing income of ...