General15.2K views1,118 votes0 replies4,788 following
Income Tax: How a Chennai Man Won Relief on ₹85.30 Lakh Cash Gifts From Relatives at ITAT
ITAT Chennai on 18 September 2026 deleted a ₹85.30 lakh Section 68 addition on cash gifts from five relatives, ruling that documented gift deeds, donor ITRs and confirmations discharge the taxpayer's burden — suspicion about donors' capacity is not evidence.