https://www.taxtmi.com/caselaws?id=459733 Addition under income tax law challenged on the ground of unexplained cash gift; tribunal and appellate authority found that the assessee established identity, genuineness and creditworthiness of the donor by bank confirmation showing an NRE account and cheque debit and by furnishing business details, shifting the evidential burden to the revenue. Revenue failed to produce positive material to rebut the donors authenticity or to demonstrate nexus implicating the assessee, and consequently the addition was disallowed and relief granted to the assessee. en-us Mon, 20 Feb 2023 00:00:00 +0530 Wed, 21 Jan 2026 12:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459733 Addition under income tax law challenged on the ground of unexplained cash gift; tribunal and appellate authority found that the assessee established identity, genuineness and creditworthiness of the donor by bank confirmation showing an NRE account and cheque debit and by furnishing business details, shifting the evidential burden to the revenue. Revenue failed to produce positive material to rebut the donors authenticity or to demonstrate nexus implicating the assessee, and consequently the addition was disallowed and relief granted to the assessee. Case-Laws Income Tax Mon, 20 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459733