CASH GIFT FROM FATHER TO SON - Income Tax clarification

Sanjeev Sharma (7 Points)

31 December 2020  

If father gives 10Lacs amount as cash gift to son & son submit the same cash to his saving bank account, Will it be considered under income tax or to be declared under other income ?
q1 - Will father has to declare the source of funds ?

q2 - Can son submitted 10L cash in bank in one go without any questions from IT department ? please suggest