Cash received by son on sale of mother’s property & deposited in own bank account considered as ‘unexplained income’

INCOME TAX: Where cash of Rs. 60 lakhs deposited in bank account of assessee was claimed to be belong to assessee's mother received on sale of her property, in view of fact that mother had not filed income-tax return in time or paid capital gains tax, same was to be taxed in hands of assessee

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000189643/cash-received-by-son-on-sale-of-mother’s-property-deposited-in-own-bank-account-considered-as-‘unexplained-income’.aspx