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2015 (9) TMI 377 - AT - Income TaxIncome from unexplained source - gift received from the members of the assessee’s family - Held that:- The assessee had submitted cash flow statements, bank statements and affidavits from his wife and daughter in law for having received ₹ 23 lakhs. When the assessee had made such submissions, it is the duty of the Revenue to examine the veracity of the claim of the assessee by examining the source of the donee either by summoning them or by verifying the documents furnished by the assessee/donee. We do not find any such attempt made by the Revenue in the case before us. Moreover, though the reasons stated by the Ld. Assessing Officer and the Ld. CIT (A) appears to have some merits, a detail finding on the submissions of the assessee with respect to the gift received from donors is lacking. Therefore in the interest of justice we remit the matter back to the file of the Ld. Assessing Officer for denovo consideration. - Decided in favour of assessee for statistical purposes.
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