https://www.taxtmi.com/caselaws?id=799937 Cash gifts from relatives are not assessable as unexplained cash credits where the recipient establishes donor identity, transaction genuineness and basic creditworthiness. Donor confirmations responding to statutory notices, gift deeds, income-tax returns and financial statements satisfy the initial evidentiary burden. Revenue doubts concerning donors' own sources amount to requiring proof of the source of source and cannot, without independent material, establish that the gifts are the recipient's unexplained money. Comparisons between returned income and gift amounts, or mere suspicion, do not rebut recorded gifts. The gifts were satisfactorily explained, and the addition was deleted. en-us Fri, 18 Sep 2026 00:00:00 +0530 Tue, 29 Sep 2026 08:34:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799937 Cash gifts from relatives are not assessable as unexplained cash credits where the recipient establishes donor identity, transaction genuineness and basic creditworthiness. Donor confirmations responding to statutory notices, gift deeds, income-tax returns and financial statements satisfy the initial evidentiary burden. Revenue doubts concerning donors' own sources amount to requiring proof of the source of source and cannot, without independent material, establish that the gifts are the recipient's unexplained money. Comparisons between returned income and gift amounts, or mere suspicion, do not rebut recorded gifts. The gifts were satisfactorily explained, and the addition was deleted. Case-Laws Income Tax Fri, 18 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799937