Abhay Devilal Rathod v. DCIT (ITAT Ahd) Merely by giving evidence of identity and creditworthiness of donor, genuineness cannot be taken to be established automatically The assessee is required to discharge the onus of submitting complete details of

Abhay Devilal Rathod v. DCIT (ITAT
Ahd)
Merely by giving evidence of identity
and creditworthiness of donor,
genuineness cannot be taken to be
established automatically
The assessee is required to discharge
the onus of submitting complete details
of gifts before the AO; merely because
money is claimed to have been transferred
through banking channel, it is
not enough to establish the genuineness
of gift; the human probability has
to be considered as to why donor is
prompted to give gift to the assessee

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