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TMI Blog2021 (5) TMI 552X X X X Extracts X X X X X X X X Extracts X X X X ..... iate the claim of having received by way of a gift from relatives. Neither before the Assessing Officer nor before the CIT(Appeals) the assessee produced any evidence whatsoever in support of his claim. Before the Tribunal an attempt was made to bring on record the so called gift deeds by way of an additional evidence. Tribunal found that the assessee had not made out grounds to permit to bring ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... framing the assessment for the said assessment year, the Assessing Officer noticed that in the balance sheet the assessee had reflected a sum of ₹ 16,00,000/- by way of gift received from relatives. The Assessing Officer disputed his claim. After putting the assessee to notice, the Assessing Officer added the said sum of ₹ 16,00,000/- in the income of the assessee by way of unexplai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ission dated 8/8/2018, assessee requested for a time of one month for him to furnish necessary documents in support of the gift. But even in the written submission dated 18/9/18, no evidence of any sort was furnished. Hence, it is assumed that assessee is not having any concrete evidence regarding claim of receipt of gifts. The sum of ₹ 16,00,000/- was credited to the Closing Balan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gift deeds at this belated stage. We find no reason to admit the same as additional evidence since neither any such petition is filed nor is there any ground made out as why the same could not be tendered before the Assessing Officer or CIT(A). We therefore see no reason to interfere with the CIT(A) s action affirming the impugned addition. We do not find any substantial question of law arise ..... X X X X Extracts X X X X X X X X Extracts X X X X
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