https://www.taxtmi.com/caselaws?id=795145 Family remittances cannot be treated as unexplained income without verifying the remitters' source of income and creditworthiness. Where the taxpayer has disclosed the remitters' identity and relationship, notices to the remitters are required before an adverse inference is drawn. Failure to undertake that verification is a procedural defect. The assessment was set aside for fresh adjudication, requiring verification of the remittances and an opportunity for the taxpayer to produce relevant documents. en-us Tue, 16 Jun 2026 00:00:00 +0530 Fri, 17 Jul 2026 08:37:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795145 Family remittances cannot be treated as unexplained income without verifying the remitters' source of income and creditworthiness. Where the taxpayer has disclosed the remitters' identity and relationship, notices to the remitters are required before an adverse inference is drawn. Failure to undertake that verification is a procedural defect. The assessment was set aside for fresh adjudication, requiring verification of the remittances and an opportunity for the taxpayer to produce relevant documents. Case-Laws Income Tax Tue, 16 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795145