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2018 (3) TMI 1669 - AT - Income TaxUnexplained cash credit u/s.68 - source of the cash deposit - Held that:- In the case before us the assessee is a deaf and dumb person having no source of income except for income from agricultural activities and is totally dependent on his relatives for his livelihood, therefore, despite the fact that the explanation of the assessee that the source of the cash deposit was out of his sole source of income from agricultural activities or the amounts received from his relatives (which had been accepted by the relatives) might not have found favour with the A.O, but however, it could safely be concluded that he could not had earned an amount of ₹ 6,84,000/- during the year under consideration. We thus are of a strong conviction that in the backdrop of the facts of the case the addition of ₹ 6,84,000/- even otherwise also could not have been validly made in the hands of the assessee. We thus not persuaded to subscribe to the aforesaid addition of ₹ 6,84,000/- in the hands of the assessee on merits, therefore, direct the deletion of the same on the said count also. - Addition to be deleted - decided in favour of assessee.
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