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2022 (3) TMI 61 - AT - Income TaxUnexplained credit in the capital account - Addition being 20% of the cost of construction - assessee failed to produce any details or documentary evidence in support - HELD THAT:- Though the assessee filed written submissions and certain copies of accounts, he failed to produce supporting evidence in support of the addition to the capital, or unsecured creditors etc. Because of non production all these documents, the AO held the issues against the assessee and made the additions. Impugned order shows that in spite of repeated notices issued, except seeking adjournment, the assessee did not cooperate with the first appellate authority nor any attempt was made to produce the information that was sought by the AO. Even before us also, the assessee is not diligent to prosecute this appeal. For want of evidence or material supporting the claims of the assessee, it is not possible for us to take a different view that was taken by the authorities. For these reasons, we do not find any reason to take a view contrary to the one taken by the authorities and we find no option but to confirm the additions. Appeal of the assessee is dismissed.
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