GURMEET SINGH,PUNJAB vs. ITO, WARD-2(2), ROPAR, PUNJAB
In the result, the appeal of the assessee is allowed
ITA 713/CHANDI/2025[2010-11]Status: DisposedITAT Chandigarh27 Aug 2025AY 2010-11
Bench: Shri Laliet Kumarआयकर अपील सं./ Ita No. 713/Chd/2025 "नधा"रण वष" / Assessment Year : 2010-11 Gurmeet Singh, Ito, बनाम 939, Type Ii, Ward 2(2), Nuhon Colony Ghanauli, Ropar Vs. Rupnagar 140113 "थायी लेखा सं./Pan No: Ageps7897P अपीलाथ"/Appellant ""यथ"/Respondent ( Virtual Hearing ) "नधा"रती क" ओर से/Assessee By : Shri. Parikshit Aggarwal,Ca राज"व क" ओर से/ Revenue By : Smt. Surinder Kaur Waraich, Addl. Cit, Sr. Dr सुनवाई क" तार"ख/Date Of Hearing : 27-08-2025 उदघोषणा क" तार"ख/Date Of Pronouncement : 27-08-2025 आदेश/Order
For Appellant: Shri. Parikshit Aggarwal,CAFor Respondent: Smt. Surinder Kaur Waraich, Addl. CIT
Section 147Section 271(1)(c)Section 56Section 56(2)(vii)
263 of the Act, it was
noticed that the assessee had received gifts aggregating to ₹11,15,000/-. Out of these, amounts of ₹1,00,000/- each were received from three cousins, namely, Shri Baldev Singh, Shri
Jaswinder Singh and Shri Nirmal Singh. The Assessing Officer treated the sum of ₹3,00,000/- as taxable income under the head “Income
