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Unexplained Cash Credits u/s 68: Assessee Fails to Prove Legitimate Gift from Unrelated Donor, Raising Legitimacy Concerns.
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....Unexplained cash credits u/s. 68 - the donor in question is not in any way related to the assessee. And also there is no corresponding channel in the gift instrument linking assessee’s amount credit to that of donor’s account - assessee has failed to prove the execution of a valid gift in question - AT....