# ITAT rules on wedding gift cash deposits

> ITAT accepts ₹2.75 lakh wedding gifts but adds ₹25,000 tax for missing confirmations.
- Title: ITAT rules on wedding gift cash deposits · mint | Shortify
- Summary: ITAT accepts ₹2.75 lakh wedding gifts but adds ₹25,000 tax for missing confirmations. ITAT ruled ₹2.75 lakh of a bank employee's ₹3 lakh cash deposits as…
- Keywords: itat, wedding gift, cash deposits, income tax, indian overseas bank, tax addition, fixed deposit, assessment year 2016-17, news, india, rules, wedding
- Source: mint — https://livemint.com/money/personal-finance/deposited-wedding-gift-money-in-your-bank-account-itat-ruling-explains-when-cash-deposits-can-face-income-tax-11793201541790.html
- Author: Kirti Jha
- Published: 2026-10-28T15:38:12+00:00
- Read time: 1 min
- Topics: itat, wedding gift, cash deposits, income tax, indian overseas bank, tax addition, fixed deposit, assessment year 2016-17, news, india
## ITAT ruling on wedding gifts
The Pune ITAT accepted ₹2.75 lakh of a bank employee’s ₹3 lakh cash deposits as wedding gifts and savings but sustained a ₹25,000 addition due to missing gift confirmations.
## Taxpayer background
The taxpayer was employed with Indian Overseas Bank and had declared income of ₹3,10,270 in her income tax return filed on 1 August 2016.
## Wedding gift details
Her marriage took place on 3 December 2014 and she received cash gifts totalling ₹3,19,422 from relatives, family members and friends.
## Deposit method
She retained the money and deposited ₹3 lakh into her bank account in six instalments of ₹50,000 each to make a fixed deposit.
## Tax authority action
The assessing officer treated the ₹3 lakh as unexplained cash deposits and the taxpayer’s explanation was not accepted by the first appellate authority.
## Gift list analysis
The tribunal noted the list showed gifts ranging from ₹100 to ₹10,000 with a few amounts between ₹15,000 and ₹19,000.
## Tax ruling rationale
The tribunal accepted the taxpayer’s explanation but required confirmations for gifts exceeding ₹10,000 to avoid tax issues.
## Practical lesson
Taxpayers should preserve details of wedding gifts including donor names and amounts alongside bank records for tax purposes.
## Key takeaway

ITAT ruled ₹2.75 lakh of a bank employee's ₹3 lakh cash deposits as wedding gifts but added ₹25,000 tax due to missing gift confirmations for amounts over ₹10,000.