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2011 (7) TMI 958 - AT - Income TaxUnexplained investment - AO noticed that there were cash deposits amounting to ₹ 15,51,543 in the savings bank account maintained by the assessee. Since the assessee was unable to explain the source of such cash deposit in his savings bank account the AO treated the entire cash deposit as unexplained investment by the assessee - assessee sold the said land in the representative capacity of Dargah Peer Bahuddin Bhandari Shah and the amount deposited in the bank belonged to the Dargah - In the present case, the land was acquired by the assessee's ancestor free of cost as Inami land as Choli Bangdi for maintenance and services of Dargah Peer Bahuddin Bhandari Shah - Held that: in case of Inami land as Choli Bangdi there being no cost of acquisition, the question of capital gain does not arise - Appeal is dismissed
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