AYESHA ABID ALI, HYD,HYDERABAD vs. ITO, WARD-6(3), HYD., HYDERABAD

We notice at the outset that the assessee’s instant appeal suffers from 2 days delay in filing stated to be attributable to various miscellaneous reasons beyond her control. The Revenue is equally fair in not disputing all of her condonation averments. We thus, condone the delay of 2 days in filing of the instant appeal.

Coming to the merits, it transpires that the assessee’s sole grievance raised in the instant appeal challenges correctness of both the lower authorities action making unexplained cash credit addition of Rs.15,39,342/- in the course of the assessment and affirmed in the CIT(A)’s order. Learned AR invited our attention to the assessee’s petition dated 14.10.2020 inter alia filing confirmation letter(s) dated 4.8.2014 along with receipt(s) dated 26.1.2006, 1.3.2006 and statement of savings a/c and statement of a/c in the corresponding span of time; respectively. Her only case is that the impugned sum had very much come from real sibblings which could not see light of the day in both the lower proceedings.

Learned DR failed to dispute that the assessee’s instant additional evidence very much goes to the root of the matter so far as her claim of having received the impugned sum from sibblings is concerned. Faced with this situation, we deem it fit and proper to restore the assessee’s additional evidence back to the Assessing Officer for his factual verification as per law. The assessee or the learned AR shall now appear before the Assessing Officer on or before 31/08/2021 with all the cogent supportive material at her own risk and responsibility to be followed by three effective opportunities of hearing.

This assessee’s appeal is treated as allowed for statistical purposes in above terms.