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2018 (1) TMI 734 - AT - Income TaxUnexplained cash credit - addition u/s 68 - Held that:- Amounts have been satisfactorily explained by the assessee before the AO in the remand proceedings by way of clinching supporting evidences which facts have not been assailed. The evidences relied upon and considered have not been assailed or rebutted by any contrary evidence in the present proceedings. In the circumstances, it is of the view that the occasion to raise a ground against the relief granted did not arise. Tax Authorities did not see the proceedings in continuation of the proceedings. A different man coming at a different point of time, it appears mechanically has proposed the raising of the ground. It is seen that the present appeal has been filed with the approval of the orders dated 21.07.2017 of Pr. CIT-2, Ludhiana and it is unfortunate that even the said Authority did not care to keep a control on the quality of the appeal filed. The AO, who filed the remand report, is not named. However, the remand report is extracted in the impugned order. Although, the name of the AO who has filed the present appeal is given, however the fact that there are checks and balances in place to ensure that frivolous appeals are not filed apparently are not working. Adequate efforts are made to inform the public that documents having financial implications like copies of Sale Deed etc. are retained even by the seller in order to avoid unnecessary harassment of tracing them to substantiate the availability of funds which is bound to be questioned by the Tax Administration. As a result of developmental activities of the State, the fruits of development have developed on at times on teaming masses who educationally, socially and financially were ill prepared to handle the bonanza. These incidents have suddenly attracted the ill prepared citizens in the tax net who on account of their ignorance are left battling their “gain and good fortune” in the mindless maze of the administrative requirements. Efforts of broadcasting of information through audio visual means etc must ensure percolation of information, awareness and education right down to the grass roots to prepare the citizens to handle their financial successes and failures as these efforts would go a long way to help the people to become tax compliant. With the said observations, the appeal of the Revenue is dismissed.
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