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2017 (6) TMI 1351 - ITAT DELHIUnexplained cash deposits - assessee explained that amount was contributed by his brother for marriage of two daughter and out of sale proceedings of popular plants etc. - HELD THAT:- The assessee has been making deposits in the bank account during the entire year. Therefore, explanation of assessee that amount was contributed by his brother for marriage of two daughter and out of sale proceedings of popular plants etc. has no relevance to the matter because assessee has been continuing in making deposit in his bank account. The source of the bank deposit has not been explained. At one stage assessee explained that withdrawals have been made out of the bank account for the purpose of incurring marriage expenses. When amounts were withdrawn for the purpose of marriage, there is no question of redeposit of the same amount in the bank account of the assessee as is contended by assessee - assessee failed to explain source of the cash deposit in the bank account to the satisfaction of the authorities below. AO has already extended sufficient benefit to the assessee for the purpose of making the addition on this issue - Assessee submitted that it being an old case, it is difficult for assessee to produce evidence or material on record to explain entire deposits in the bank account, therefore, on the face of the same submission it is clear that assessee is not in a position to explain the source of the cash deposit in the bank account. The appeal of assessee itself has no merit same is therefore dismissed.
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