Court Questions Genuineness of Gifts u/s 68; Assessee Fails to Prove Authenticity, Raising Tax Evasion Concerns.

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....Addition of gifts u/s. 68 - genuineness of the gifts - unable to produce the donor - The document produced by the assessee that is bank statement, ITR, Gift deed, bank accounts established that the gift received by the assessee is not genuine and is only to circulate his own money in the garb of gift and to evade the tax which is highly unlikely and against the human probability. - AT....