9911796707
TMI Blog2022 (3) TMI 63X X X X Extracts X X X X X X X X Extracts X X X X ..... ber The present appeal has been preferred by the assessee against the order dated 08.11.2012 of the Commissioner of Income Tax (Appeals), Durgapur [hereinafter referred to as 'CIT(A)'] passed u/s. 250 of the Income Tax Act (hereinafter referred to as the 'Act'). 2. No one has put in appearance on behalf of the assessee despite notice and despite telephonic intimation to the Ld. c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r Cultural & Education and Aryabhatta Institute of Engineering and Management are none and same" as the said Society owns the above Institute. 2. The Ld. CIT(A) erred in not directly allowing the necessary relief since the Ld. CIT(A) has himself stated that "the deposits considered by the A.O. as sales do not relate to the assessment year under appeal at all going by the dates mentioned". 3. T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... son) from his mother from her savings from postal deposits and her income from salaries. The mother of the appellant was a teacher in Durgapur Steel Plant Primary School under Steel Authority of India Ltd. (SAIL) a Government of India undertaking." 3. Ground Nos. 1 & 4: Vide Ground Nos. 1 and 4, the assessee has contested validity of the reopening of the assessment u/s. 147 of the Act. However, n ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Assessing Officer had added back certain deposits in the bank account of the assessee treating the same as undisclosed sales proceeds of the assessee. The Assessing Officer applied GP rate on the said deposits. However, the Ld. CIT(A) after considering the submissions of the assessee observed that there were issues which the Assessing Officer had not dealt with in his order. He noted that the e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... CIT(A) has given a categorical findings that the assessee had not submitted any documents to prove that Rs. 1,40,000/- has been given by his mother to him. Neither any documents nor any bank statements was furnished, therefore, the Ld. CIT(A) upheld the findings of the Assessing Officer in this respect. After considering the impugned order and after hearing the Ld. DR, we do not find any reason ..... X X X X Extracts X X X X X X X X Extracts X X X X
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