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2023 (12) TMI 53 - AT - Income TaxUndisclosed income - undisclosed cash deposits - information regarding cash deposited by the assessee in his bank account - onus to prove - assessee submitted to have received gift from his grand-mother and from his father who had sold some land during the year - HELD THAT:- In the case under consideration, the facts are identical to the case of Parimisetti Seetharamamma vs Commissioner Of Income- Tax [1965 (4) TMI 21 - SUPREME COURT] - in the case under consideration, assessee claimed that he had received gift from grand-mother and filed affidavit of grand-mother, therefore, the onus shifted on the department. The department has not brought on record any evidence to establish that facts mentioned in the affidavits were not true and hence, the income was taxable therefore, in these facts and circumstances of the case, we are of the opinion that assessee had explained source of cash deposits made in the assessment order. Ground of the assessee is allowed.
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