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2019 (8) TMI 775 - AT - Income TaxAddition of on account of cash found at the time of search & seizure - HELD THAT:- The assessee had stated during assessment proceedings that cash found was the “money received on functions or during meet by elderly members of whole family or close relatives to the younger one.”. The AO had rejected this explanation on the ground that “no details of the receipt in the shape of occasions, name of the relatives or other details to prove the genuineness of the cash received”. We find from perusal of the record that the assessee failed to furnish any satisfactory explanation regarding the aforesaid addition of ₹ 4,15,400/- even during the appellate proceedings before Ld.CIT(A). Even during the appellate proceedings in ITAT, the assessee has failed to furnish any satisfactory explanation. Accordingly, second ground of appeal filed by assessee in ITAT is dismissed. Enhancement made by CIT(A)on account of unexplained jewellery found during search - HELD THAT:- We find that Ld.CIT(A) has given detailed reasoning for enhancement of ₹ 13,69,100/- made by him in the impugned appellate order dated 31.05.2016 on account of unexplained jewellery. During appellate proceedings in ITAT, the assessee has failed to bring any material for our consideration to persuade us to take a view different from the view taken by Ld.CIT(A) in aforesaid impugned order dated 31.05.2016. Accordingly, 3rd, 4th and 5th grounds of appeal raised by the assessee in this appeal are dismissed. - the appeal filed by the assessee is dismissed
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