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2017 (5) TMI 837 - AT - Income TaxAddition on account of cash deposit in the bank account - unexplained sources - Held that:- Whatever contention was raised by assessee that cash belong to Smt. Saraswati Devi who in turn gave Smt. Vidya Devi and then given to the assessee have not been proved through any evidence or material on record. No independent witness has been produced to substantiate the fact that cash was actually given by Smt. Saraswati Devi. How a huge cash is kept by Smt. Saraswati Devi is not explained. If any cash amount is available to mother of the assessee which is alleged to have been given to the assessee, it is not explained why assessee was making deposits in his bank account on different dates of different amount and why full amount was not deposited in his bank account at the earliest. This itself create a serious doubt in the explanation of the assessee of availability of the cash through his grandmother. Filing a copy of ikrarnama and certificate from village Sarpanch will not prove the source of cash deposited in the bank account of the assessee. It therefore stands proved on record that assessee did not produce any evidence of source of cash deposits in his bank account. - Decided against assessee.
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