Cash gift at the time of marriage supported merely by affidavit – ITAT confirms addition partially

Sumeet Agarwal Vs Joint Commissioner of Income Tax (ITAT Hyderabad) Undoubtedly, before the Assessing Officer, the assessee had categorically submitted that the marriage was taken place on 27.11.2020 and cash of Rs. 5 lakhs was received at the time of marriage. Undoubtedly, the assessee has not provided the details of persons who had given the cash gifts. The assessee had furnished an affidavit from his uncle Satish Kumar Agarwal wherein he acknowledges that he had handed over Rs.20 lakhs to the assessee. In the present case, the Assessing Officer has not brought on record any evidence to rebu...