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2018 (3) TMI 136 - AT - Income TaxAddition u/s.69A - unexplained cash - Held that:- Admittedly, there were cash deposits of ₹ 10,08,900/- in the bank account of the appellant. The source of major part of cash deposits i.e. ₹ 8,50,000/- has been explained as withdrawals from the bank account of unmarried working daughter. In order to verify, this claim of the appellant, appellant was directed by the officer of the department to submit bank account copies of the daughter for three years. On verification of the entries in her bank account, it was noticed that she has withdrawn entire amount of cash through ATM facility. there were frequent small withdrawal ranging into few thousand rupees. Sometimes there are many cash withdrawal in the single day. Appellant had not submitted the detail of income earned by her daughter. We just fail to understand as stated by the ld. AR that appellant and her daughter both are working in bank, if any person is working in the bank why they will keep such a huge amount in cash at home. Therefore, this kind of explanation is hard to believe. Ld. AR stated that appellant’s sister has given her cash of ₹ 54,054/- for charity work and further stated that she donated ₹ 72,072/- through account payee cheque No.447453 dated 29/09/2010. We can see that same is reflecting in the bank statement of the appellant. For rest of the amount appellant could not give any plausible explanation to prove her case. Thus we would like to give relief of ₹ 54,054/-, which was given by sisters of the appellant for charity work and remaining addition is confirmed u/s.69A. - Decided partly in favour of assessee
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