https://www.taxtmi.com/caselaws?id=27473 The High Court held that the Department could question the genuineness of cash credits declared by guardians on behalf of minor children. The assessee had discharged the burden of proof only for deposits made by declarants who had themselves declared their assets under the Voluntary Disclosure Scheme. The nature and source of cash credits in the names of minor children were not satisfactorily explained, ruling in favor of the Revenue. The reference was disposed of accordingly, with no costs incurred. en-us Mon, 20 Feb 1984 00:00:00 +0530 Sat, 13 Feb 2010 10:53:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27473 The High Court held that the Department could question the genuineness of cash credits declared by guardians on behalf of minor children. The assessee had discharged the burden of proof only for deposits made by declarants who had themselves declared their assets under the Voluntary Disclosure Scheme. The nature and source of cash credits in the names of minor children were not satisfactorily explained, ruling in favor of the Revenue. The reference was disposed of accordingly, with no costs incurred. Case-Laws Income Tax Mon, 20 Feb 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27473