2023 (5) TMI 1108 - AT - Income Tax

Addition on account of house hold drawings - assessee being a senior citizen was living at his own house with his wife with no other liabilities - HELD THAT:- The details of expenses mentioned elsewhere appears to be very reasonable as the expenses relating to electricity, gas, telephone were paid by account payee cheque also the medical expenses have been paid by cheque and no adverse inference have been drawn in respect of this detail.

AO has simply estimated the expenses whereas the assessee has furnished the actual details, therefore, considering the age of the assessee no merit in the addition made by the AO - Appeal of the assessee allowed.