MRS. KAVERI JOSHI, L/H OF VINOY PANDHARINATH JOSHI,KOLKATA vs. A.C.I.T., CIRCLE - 2(1),, KOLKATA

After hearing the rival contention and perusing the material on record, we not that the assessee has deceased and his wife Smt. Kaveri Joshi has been brought as legal heir on record. We note that during the course of assessment proceedings, the addition was made on account of cash deposited during financial year 2016-17 amounting to ₹ 23,21,500/- by the Assessing Officer relevant to A.Y. 2017-2018 which remain unexplained. We note that the assessee has not respond to the various notices as the assessee that deceased who was serving in Merchant Navy. Thereafter, in the appellate proceedings, the all the documents including four bank accounts were furnished before the Ld. CIT(A) explaining the cash deposits however the Ld. CIT(A) considered only one bank account inadvertently and partly allowed the appeal by deleting the addition to the extent of ₹ 10,50,000/- thereby sustaining the addition of ₹ 12,75,500/-. In other words, the Ld. CIT(A) considered one bank account on the basis of which the ld CIT(A) partly allowed the appeal as stated above. The assessee has furnished before us all the bank accounts along with tally of cash withdrawals during financial year 2013-14 and 2016-17 along with bank statements and availability of cash for deposits into the bank of cash withdrawal. After examining these documents we find that the assessee had the sources for cash deposits and has fully explained source of cash deposits into bank account during financial year 2016-17. Consequently, we set aside the order of Ld. CIT(A) on this issue and direct the AO to delete the addition. 4. In result, appeal of the assessee is allowed. Order pronounced on 23.12.2025 (Rajesh Kumar) Accountant Member Dated: 23.12.2025 AK,Sr. P.S.

CIT(DR)