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2021 (6) TMI 201 - ITAT HYDERABADRectification application u/s 254 - Interest income earned from joint bank account - undisclosed foreign a/c of the assessee - assessee submitted that the CIT (A) has granted relief to the assessee on the ground that the assessee is only a housewife and did not have any independent source of income and that the estimated interest income from HSBC A/c needs to be considered in the hands of the assessee’s husband and as he had admitted that the a/c was opened by his employer to credit his salary income - HELD THAT:- Having regard to the rival contentions and the material on record, we find that the Assessing Officer has made the addition in the hands of the assessee of interest income from an A/c with HSBC held by the assessee jointly with her husband which was opened by his employer to deposit his salary income. Therefore, it is not an undisclosed foreign a/c of the assessee and therefore, the exception (d) to the circular will not apply. Therefore, this M.A is dismissed.
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