https://www.taxtmi.com/highlights?id=55261 Unexplained deposits - genuineness of gift received by the father from his daughter - As per the provisions of section 56 the father and daughter comes in the definition of relatives and there is no bar for giving or taking gift inter se by them. The amount has been transferred to the account of the assessee from bank account of the daughter of the assessee - Addition deleted - AT en-us Thu, 22 Oct 2020 10:41:32 +0530 Thu, 22 Oct 2020 10:41:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=55261 Unexplained deposits - genuineness of gift received by the father from his daughter - As per the provisions of section 56 the father and daughter comes in the definition of relatives and there is no bar for giving or taking gift inter se by them. The amount has been transferred to the account of the assessee from bank account of the daughter of the assessee - Addition deleted - AT Highlights Income Tax Thu, 22 Oct 2020 10:41:32 +0530 https://www.taxtmi.com/highlights?id=55261