Father receives Rs 4 lakh as cash gift in son’s marriage and wins income tax case of unexplained income under Section 69A; Know how

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Manubhai faced tax issues over cash gifts received before his son's wedding. The tax department alleged undisclosed income. Manubhai contested, providing guest lists and wedding details. Initially, his appeals were rejected. However, ITAT Ahmedabad ruled in his favor. They noted the assessing officer (AO) did not adequately investigate Manubhai's evidence. The tribunal allowed his appeal, providing relief.