https://www.taxtmi.com/highlights?id=73577 Addition u/s 68 - Gift received from the brother treated as undisclosed income - Admittedly, the cross transaction between the brothers can create a suspicious but that doubt cannot be treated as gospel truth. As such, it is the onus upon the revenue to prove the allegation framed by it against the assessee. - Additions deleted - AT en-us Thu, 14 Dec 2023 09:12:28 +0530 Thu, 14 Dec 2023 09:12:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73577 Addition u/s 68 - Gift received from the brother treated as undisclosed income - Admittedly, the cross transaction between the brothers can create a suspicious but that doubt cannot be treated as gospel truth. As such, it is the onus upon the revenue to prove the allegation framed by it against the assessee. - Additions deleted - AT Highlights Income Tax Thu, 14 Dec 2023 09:12:28 +0530 https://www.taxtmi.com/highlights?id=73577