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2015 (2) TMI 154 - ITAT DELHIUnexplained / unproved gifts - CIT(A) deleted addition - Held that:- Finding considerable force in the conclusion drawn by the Ld. CIT(A) that assessee has sufficiently discharged the onus that lay on her in terms of provision of Section 68 and it cannot be said that the receipts in her hands are in any way unexplained. The unilateral view entertained by the AO was more based on unfounded presumptions without converting them into evidences and the evidences filed by the assessee have remained unaddressed and unrebutted. Accordingly, the Ld. CIT(A) has rightly deleted the addition of ₹ 5,00,000/-, which does not need any interference on our part, hence, we uphold the same. - Decided in favour of assessee. Unexplained unsecured loans - CIT(A) deleted addition - Held that:- We find considerable force in the conclusion drawn by the Ld. CIT(A) that in view of the principles laid down by the Hon’ble Supreme Court in the case of CIT vs. Orissa Corp. Pvt. Ltd. [1986 (3) TMI 3 - SUPREME Court] and Hon’ble Gauhati High Court in the case of Nemi Chand Kothari vs. CIT [2003 (9) TMI 62 - GAUHATI High Court] the assessee is not required to prove the source of source from which the creditor had advanced to the assessee. Therefore, we find Ld. CIT(A) was not agreed with the finding of the AO and accordingly rightly deleted the addition of ₹ 11,80,000/-, which does not need any interference on our part, hence, we uphold the same. - Decided in favour of assessee. Disallowance of travelling and conveyance expenses - CIT(A) deleted addition - Held that:- AS Under the head of Travelling expenses no discrepancy has been noticed by the AO. Therefore, the addition made of ₹ 7,000/- is correctly deleted - Decided in favour of assessee.
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