Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2021 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2021 (7) TMI 272 - ITAT CUTTACKAddition u/s 68 towards unexplained cash credit - assessee has willfully not filed his return of income and, therefore, the source of investment and taxability remains unexplained - assessee is a doctor serving in Defense of Indian Government at different naval bases and has not filed his return of income although TDSs were deducted from his employer - HELD THAT:- In this case, the assessee has not produced any evidence either before the AO or before the ld CIT(A). It is the contention of ld A.R. of the assessee that in the name of the assessee, one person has done fraudulent activities and the assessee is unnecessary suffering from that action, although he is a respectable person working in Indian Navy. The written submission filed by the assessee is self-explanatory, which is reproduced in the body of this order. In view of above, I deem it fit and proper to set aside the case, the assessee has not produced any evidence either before the AO or before the ld CIT(A). It is the contention of ld A.R. of the assessee that in the name of the assessee, one person has done fraudulent activities and the assessee is unnecessary suffering from that action, although he is a respectable person working in Indian Navy. The written submission filed by the assessee is self-explanatory, which is reproduced in the body of this order. We set aside the matter and restore the same to the file of the AO for denovo assessment. The Assessing Officer is directed to verify the documents/evidence furnished by the assessee in paper book and the contention of the assessee thoroughly and pass the assessment denovo. Appeal of the assessee is allowed for statistical purposes
|