Gift to unrelated person was not a normal human behavior : Merely because money had come through banking channels, genuineness of the transaction was not established.

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Gift to unrelated person was not a normal human behavior : Merely because money had come through banking channels, genuineness of the transaction was not established.

short Overview: It is true that donor could not be located because of his death but it is also true that be was not related to the assessee in any manner. Merely because money had come through banking channels, genuineness of the transaction was not established, since gift to unrelated person was not a normal human behavior, and therefore, AO was justified in making addition.

1 Comment

  1. July 31, 2020
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