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2020 (4) TMI 790 - AT - Income TaxAddition u/s 68 - gifts received from the assessee’s son - Suspicion on source of source - HELD THAT:- In the instant case, the AO did not doubt the genuineness of the gift received from his son. The AO’s suspicion was the source of source i.e. donor, Sri Adika Manohar Rao. Since the assessee has discharged his burden by placing evidence with regard to receipt of gift from his son, we do not find any reason to make addition in the hands of the assessee. The source was established by the assessee, the occasion of the gift received by the assessee’s son was also explained. Therefore, we do not find any reason to doubt the genuineness of the receipt of gift by his son, Sri Bhimana Sujit Raviteja. Hence, we set aside the order of the Ld.CIT(A) and allow the appeal of the assessee. Limited scrutiny for mismatch of sales turnover - addition u/s 68 or 69A without the prior approval of the Principal CIT, Vijayawada - as per the provisions of law, the case cannot be converted to full scrutiny as per the instructions of CBDT without the approval of the Ld.CIT - HELD THAT:- Since we have adjudicated the ground on merits and allowed the appeal of the assessee, we consider it is not necessary to adjudicate the additional ground raised by the assessee. Accordingly, the appeal is of the assessee is allowed.
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