TMI Blog2017 (12) TMI 116X X X X Extracts X X X X X X X X Extracts X X X X ..... dence. Such recitals not supported by any evidence are unsustainable in law and facts. The last plea of the ld AR that the Assessing Officer has added both the cash deposited in the payment of credit cards account and also the purchases made through these credit cards it is of the view that the assessee had purchased the goods through credit cards and payment was made by unaccounted cash. The source of cash is not explained. The repayments have been made by depositing unaccounted cash of these purchases. The source of these purchases is unexplained. For working out the quantum of disallowance, the matter is restored back to the file of ld. CIT(A). - Appeal of the assessee is partly allowed for statistical purposes - ITA No. 442/JP/2015 - - - Dated:- 28-11-2017 - SHRI BHAGCHAND, ACCOUNTANT MEMBER For The Assessee : Shri Rajiv Sogani (CA) For The Revenue : Smt. Poonam Roy (DCIT) ORDER PER: BHAGCHAND, A.M. This is an appeal filed by the assessee emanates from the order of ld. CIT(A)-I, Jaipur dated 12/02/2015 for the A.Y. 2009-10. The only issue involved in the appeal is sustaining the addition of ₹ 34,28,313/- which was debit and credit entries ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Cash Deposit 2550 6 06-04-08 No.4132894032081001 Cash Deposit 48250 7 06-06-08 No.4132894032081001 Mahesh Gems No. 0000000110 29800 8 06-06-08 No. 4132894032081001 RK Gems No.0000000830 20140 9 24/6/2008 No.4132894032081001 Service Station Jaipur No.0000002637 160 10 25/06/2008 No.4132894032081001 HPCL Surcharge 10 11 26/06/2008 No.4132894032081001 HPCL Fuel E- voucher Credit 150 12 28/6/2008 No.4132894032081001 Service Station Jaipur No. 0000002810 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1 Service Station Jaipur No.0000005595 210 28 09-03-08 No.4132894032081001 HPCLSurcharge 10 29 09-04-08 No.4132894032081001 HPCL Fuel E- voucher Credit 100 30 09-06-08 No.4132894032081001 Radhika Sarre and Maching No. 0000000010 19800 31 09-07-08 No.4132894032081001 Rishab Textiles No.0000000138 11100 32 16/09/2008 No.4132894032081001 Ashoka Service Station Jaipur No. 0000006821 160 33 17/09/2008 No.4132894032081001 HPCLSurcharge 10 34 22/09/2008 No.4132894032081001 Infinity ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xtile Jaipur No.0000000165 28700 59 02-06-09 No.4132894032081001 Krishna Photos No. 0000000172 16800 60 24/02/2009 No. 4132894032081001 Infinity payment received 2500 61 03-03-09 No.4132894032081001 Infinity payment received 30000 62 03-06-09 No.4132894032081001 RK Handicrafts and Art No.0000000395 29800 63 03-08-09 No.4132894032081001 SS Gems Jaipur No.0000000645 3400 64 25/03/2009 No.4132894032081001 Infinity payment received 2500 65 04-04-09 No.4132894032081001 Infinity payment received ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... EMI Interest ICICI Lombard 72.13 80 19/05/2008 No.5177194479420009 Service Tax 8.92 81 19/05/2008 No.5177194479420009 3/12 EMI Principal ICICI Lombard Health 833.41 82 22/05/2008 No.5177194479420009 Processing Fee 697 83 22/05/2008 No.5177194479420009 service tax 86.15 84 19/06/2008 No.5177194479420009 4/12 EMI interest ICICI Lombard 65.18 85 19/06/2008 No. 5177194479420009 4/12 EMI Principal ICICI Lombard health 840 86 14/07/2008 No. 5177194479420009 Interest Charges ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... No.5177194479420009 8/12 EMI Principal ICICI Lombard health 868.73 101 11-10-08 No.5177194479420009 ICVBP Reliance Infocomm Mumbai No.0000000066 18 102 19/11/2008 No.5177194479420009 9/12 EMI Interest ICICI Lombard health 29.57 103 19/11/2008 No.5177194479420009 9/12 EMI Principal ICICI Lombard health 875.97 104 12-08-08 No.5177194479420009 ICVBP Reliance Infocomm Mumbai No. 0000044668 26 105 16/11/2008 No.5474670505759007 Radhika Sarre and Maching No. 0000000528 23135 106 19/12/2008 No.5177194479420009 10/12 EMI Interest ICICI Lombard health ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... No. JPR-1 5109 18000 120 04-10-08 No.4054510045547002 ATM Cash Deposit No. JPR-1 5110 9000 121 04-11-08 No.4054510045547002 ATM Cash Deposit No. JPR-1 5407 16000 122 04-12-08 No.4054510045547002 ATM Cash Deposit NO. JPR-1 5820 10000 123 04-12-08 No.4054510045547002 ATM Cash Deposit No. JPR-1 5873 3805 124 15/04/2008 No.4054510045547002 Reliance Infocomm Jaipur No.74332748107 787 125 18/04/2008 No.4054510045547002 Vishal Retail Ltd. No.74327078110 560 126 05-02-08 No.4054510045547002 KS Gems Jeweliers ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... No.4054510045547002 RK Handicrafts and Art No.74477488258 21200 141 14/09/2008 No.4054510045547002 Laxmi Jewellers No. 74477488258 27400 142 23/09/2008 No.4054510045547002 RK Gems No. 74477488268 41400 143 23/09/2008 No.4054510045547002 Rishab Textiles No. 74477488268 8200 144 26/09/2008 No.4054510045547002 Laxmi Jewellers No.74477488270 39750 145 28/09/2008 No.4054510045547002 SS Gems Jaipur No.74477488272 8600 146 29/09/2008 No.4054510045547002 RK Handicrafts and Art No.74477488273 100 147 15/10/2008 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 28659 161 20/01/2009 No.4054510045547002 KK Gems No.74056639021 56300 162 21/01/2009 No.4054510045547002 Laxmi Jewellers No.74477489021 15400 163 19/02/2008 No.4054510045547002 Enhanced Paylite EMI -12 EMI3/1 No. 2540772 28659 Card No. Visa Gold Credit Card 164 04-07-08 No.4346781003817410 Vijay Light House No. 050520001R0010697 49857 165 04-11-08 No. 4346781003817410 Soni Gems Jewellers No. 050520001R0010697 29900 166 30/05/2008 No.4346781003817410 Jain Furniture No. 060520001R0013288 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... No.4346781003817410 SS Gems Jaipur No. 040520001L0014038 33500 From the above, it is seen that assessee mainly purchased jewellery items, sarees, textile items, furniture, handicraft items, shoe, payment to tours/travel agents, fuel refilling at HP station, ICICI Lombard Hearth Insurance premium, photo items etc. In the remand report, AO has specifically mentioned that despite giving ample opportunity, assessee did not file any supporting evidence to prove his contention. Nobody is disputing the purchases made through these 4 credit cards but issues regarding re-sale these purchased items at a discount of 3% to the seller on spot are disputed as no confirmation or supporting evidences were produced to prove his contention. It is noted here that purchased items varied from sarees, furniture, jewellery handicraft items and fuel refill at HP fuel station, personal draft (DD) purchase. Many times, purchases were made from same seller e.g. Laxmi Jeweller, Jain Furniture, KK Gems, Krishna Photo, RK Handicrafts, SS Gems, Radhika Sarees making centre, Vijay Light House, etc. In absence of any credible evidence, asse ..... X X X X Extracts X X X X X X X X Extracts X X X X
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