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2018 (6) TMI 1030 - AT - Income TaxAdditions u/s 68 being cash deposits in the bank accounts - non maintaining of books of accounts - Held that:- The undisputed fact is that the assessee had made it very clear in the returns of income that she is not maintaining books of account and yet the Assessing Officer proceeded to make assessment by invoking provisions of section 68 of the Act. It is correct that since no books of account are maintained in the ordinary course of business of the assessee, no such addition u/s 68 of the Act is tenable. The Hon'ble jurisdictional High Court of Delhi in the case of Ms. Mayawati [2011 (8) TMI 12 - DELHI HIGH COURT] has decided similar issue in favour of the assessee and we are governed by the Hon'ble jurisdictional High Court of Delhi. Accordingly, respectfully following the same, we allow the additional ground of appeal so raised by the assessee and direct the Assessing Officer to delete the additions so made u/s 68 of the Act in the respective assessment years which are under appeal before us. - Decided in favor of assessee.
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