Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2022 (10) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2022 (10) TMI 1094 - AT - Income TaxAddition of gifts - gifts received by the newly wed couple from the immediate family or relatives - addition made by AO to total income of assessee - Learned counsel submitted that both the authorities failed to appreciate the fact that there is tradition in marriage of a female - Learned counsel submitted that before learned CIT(Appeals) it was stated that loan was received from 14 people, gift received from 101 persons and family relatives - HELD THAT:- It is seen from the record that the assessee had filed various evidences in the form of affidavit etc. The learned CIT(A) has brushed aside those evidences without even verifying the veracity of such affidavit. Merely stating that the affidavit was procured subsequent to marriage, in my considered view is not justified. CIT(Appeals) ought to have verified the correctness of the claim of the assessee. Therefore, set aside the impugned order and restore the assessment to the file of the Assessing officer to decide it afresh after considering the evidences placed by the assessee in the form of affidavit and frame the assessment afresh. Grounds raised in this appeal are allowed for statistical purpose.
|