SMT. ANJANA SHARMA,JAIPUR vs. ITO, WARD-2(2), JAIPUR

per of the assessment order, the assessee had not filed any reply,

therefore, addition of Rs. 11,00,000/- U/s 68 of the Act was made by the

A.O. on account of cash paid for purchase of property and he also invoked

Section 115BBE of the Act.

assesse had filed detailed WS reproduced at page 16 to 20 of the CIT’s

order and WS at Page 8 to 12 filed before CIT (A), the Ld. AR had also filed

additional evidences, which were sent by the Ld. CIT(A) to the AO for his

comments. Thereafter the AO had called the assessee for additional

evidences examination proceedings where the assessee had also filed

further details as required by the AO. Thereafter the AO send his remand

report to the Ld. CIT (A) dated 05/07/2019 which are available at PB 184-

185, In response to the said remand report, the assessee filed his

comments which are available at PB 186-193. On this report, ld. CIT(A)

recorded his observation that the assessee submitted copy of agreement

dated 28/08/2018 where property was agreed to be purchased for Rs.

15,00,000/- by Shri Naveen Sharma husband of the assessee wherein Rs.

4,00,000/- were paid by Cheque and Rs. 5,00,00/- by cash on 15/10/2012

13 ITA 1214/JP/2019_ Smt. Anjana Sharma Vs ITO thus in this way till this agreement Rs. 9,00,000/- were paid and Rs.

6,00,000/- were pending. Subsequently, this Property was finally purchased

through registered deed by the assessee on 07/11/2012. In the registered

documents, earlier payment of Rs. 9,00,000/- were recorded and further

payment of Rs. 6,00,000/- paid in cash on 07/11/2012 was also recorded.

As per above two documents Rs. 11,00,000/- were paid in cash, Rs.

5,00,000/- on 15/10/2012 and Rs. 6,00,000/- on 07/11/2012. For explaining

the source of cash payment of Rs. 11,00,000/-, the assessee filed cash flow

statement of self and her husband Shri Naveen Sharma where the assessee

has shown Rs. 2,50,000/- paid by Smt. Anjana Sharma on 07/11/2012 while

Rs. 5,00,000/- and Rs. 3,50,000/- were paid by Shri Naveen Sharma on

15/10/2012 and 07/11/2012 respectively. In the revised cash flow

statement filed during the appellate proceedings we noticed that opening

cash balance of Rs. 5,91,156 has been disclosed and a large number of

loans below Rs. 20,000/- has been shown in the above cash flow statement.

In the cash flow of Shri Naveen Sharma (the husband of the assessee)

again the opening cash of Rs. 5,35,192/- has been disclosed besides

number of cash loans below 20,000/-.

observed and found that from starting the assessee has explained the

source of cash Rs. 11,00,000/- from her husband Shri Naveen Sharma of

14 ITA 1214/JP/2019_ Smt. Anjana Sharma Vs ITO Rs. 8,50,000/- and Rs. 2,50,000/- from her own. As we have noted that the

assessee and her husband are regular income tax assessee and filing their

return of income since AY 2005-06. As per record available before us and as

per returns of the assessee, the assessee has shown income of Rs. 12.30

lacs and if it is presumed that a female can easily save 50% of her income

and 50% can be treated for drawings. According to that she can have

source to the extent of Rs. 6.15 lacs thus the source of amount shown by

the assessee of purchase of property can be treated explained. Further the

husband of the assessee Shri Naveen Sharma who has given cash of Rs.

8.50 Lacs to the assessee (wife) for purchasing of the property in question.

As Naveen Sharma since starting accepting and confirming that he had

given cash of Rs. 8.50 lacs to her wife for purchasing of the property even

before the issuance of notice U/s 148 of the Act. During the enquiry U/s

133(6) vide letter dated 14/08/2014, PB-35 to the ITO, Intelligence-II,

Jaipur also filed the balance sheet of Naveen Sharma which is at page No.

37 of the paper book. Further the assessee has also filed copy of affidavits

and their identifications (PB 112-144) of the persons from whom they have

taken cash loans. Thus the assessee has fully explained the source of Rs.

11,00,000/- with the evidences filed before them and discharged the onus

lay upon her. Thus, in our view, no additions can be made until and unless

the evidences filed by the assessee were rebutted and discarded and by

15 ITA 1214/JP/2019_ Smt. Anjana Sharma Vs ITO bringing any contrary evidences and materials and no addition can be made

on the basis of assumption/ presumptions and guess work. Further when

the husband of the assessee from the starting has confirmed of giving cash

of Rs. 8.50 lacs as he is a regular income tax assessee and all the data

given by him were very well available before the AO. Therefore, on the

basis of the documents, no addition could be made. If the A.O. was having

any doubt regarding the source of cash of Rs. 8.50 lacs by the Shri Naveen

Sharma (Husband of the assessee) he could have made the addition in his

hands but not in the hands of the assessee. Thus, in view of the above

discussion as well as material placed on record, we found merit in the

contention of the ld. AR and hence we directed to delete the addition of Rs.

9,00,000/- sustained by the Ld. CIT (A). We order accordingly.

Order pronounced in the open court on 25th November, 2021.

Sd/- Sd/- ¼foØe flag ;kno½ ¼lanhi x®lkÃa½ (SANDEEP GOSAIN) (VIKRAM SINGH YADAV) ys[kk lnL;@Accountant Member U;kf;d lnL;@Judicial Member Tk;iqj@Jaipur fnukad@Dated:- 25/11/2021 *Ranjan आदेश की प्रतिलिपि अग्रेf’ात@ब्वचल वf जीम वतकमत वितूंतकमक जवरू vihykFkhZ@The Appellant- Smt. Anjana Sharma, Jaipur. 1. izR;FkhZ@ The Respondent- The I.T.O., Ward 2(2), Jaipur. 2.

16 ITA 1214/JP/2019_ Smt. Anjana Sharma Vs ITO vk;dj vk;qDr@ CIT 3. vk;dj vk;qDr¼vihy½@The CIT(A) 4. विभागीय प्रतिनिधि] आयकर अपीलीय अधिकरण] जयपुर@क्त्ए प्ज्Aज्ए Jंपचनत 5. xkMZ QkbZy@ Guard File (ITA No. 1214/JP/2019) 6.

vkns'kkuqlkj@ By order,

सहायक पंजीकार@Aेेज. त्महपेजतंत