GOLD PURCHASED THROUGH CREDIT CARD

Sumit

it's foolish
the person purchasing must use his pan card

I know it's a foolish act but couldn't back off as these relatives had always been supported our family in every odd times.

Since you give your PAN and payment is made by yourself then it will be deemed as the purchase makes by you only unless you have an affidavit from your relative which says that the said transaction was made by them on that date and the payment made by you on that date which is return by them on following dates, required there bank statements to prove that the payment made to you is either from accumulated money or from any source other than depositing of cash. Note: its a matter of litigation now and burden of proof is on you,to satisfy AO you can relay on above stated documents as evidence in your case.

They have only cash and gave me and they are so close that i can't deny. I can arrange for affidavit.

Suggestion of Mr Abhay Gupta is good.

However, alternatively

It will be deemed that you bought jewelry.

Pl keep the invoice in your record which should be in your name.

Gifted to relative.

If she is not a relative defined U/S 56,

she will be liable to tax on value of that  gift.

If she is  a relative defined U/S 56, no tax on relative. then no worry.