https://www.taxtmi.com/caselaws?id=471396 Cash-credit additions for deposits and funds received from relatives cannot be sustained where documentary evidence establishes the source of funds. Sale proceeds of gold ornaments, confirmations from NRI relatives, and their bank statements supported the credits. Material placed on record cannot be rejected without further enquiry from the donors; an assessee cannot be prejudiced by the Assessing Officer's failure to verify that evidence. The Section 68 addition was therefore deleted. en-us Fri, 04 Apr 2025 00:00:00 +0530 Tue, 01 Sep 2026 19:02:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471396 Cash-credit additions for deposits and funds received from relatives cannot be sustained where documentary evidence establishes the source of funds. Sale proceeds of gold ornaments, confirmations from NRI relatives, and their bank statements supported the credits. Material placed on record cannot be rejected without further enquiry from the donors; an assessee cannot be prejudiced by the Assessing Officer's failure to verify that evidence. The Section 68 addition was therefore deleted. Case-Laws Income Tax Fri, 04 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471396