Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2019 (5) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (5) TMI 30 - HC - Income TaxAddition of unexplained Cash Credit - person could not be produced as he was travelling out of India most of the times - production of the Bank Account copies - HELD THAT:- We are of the opinion that the Assessee can be accorded one more opportunity to prove the said Cash Credit in the name of his close relative Mr.Bhuma Ramakrishna Reddy, who could not be produced before the CIT (Appeals) though the copies of the Bank Account details were furnished by the Assessee. The mere production of the Bank Account copies was not sufficient and the entires made therein were required to be proved by the Assessee by production of the said witness Mr.Bhuma Ramakrishna Reddy. Allow verification of entries in Bank Statement in this regard, we are of the considered opinion that it would be appropriate and in the interest of justice to remit the matter back to the learned Commissioner of Income Tax (Appeals), who may examine the said witness at his own level and return the findings in this regard.
|