KRISHNA,ROHTAK vs. ASSESSING OFFICER (FACELESS ASSESSMENT), ROHTAK
Income Tax Appellate Tribunal, DELHI BENCH ‘SMC’: NEW DELHI
Before: MS. MADHUMITA ROYKrishna 540/1, Ward-34, Janta Colony, Rohtak Haryana-124001
PER MADHUMITA ROY, JM:
The instant appeal filed by the assessee is directed against the order dated 30/09/2024 passed by the Commissioner of Income Tax
(Appeals), National Faceless Appeal Centre (NFAC), [hereinafter referred to as ‘the Ld. CIT(A)] against the assessment order passed u/s 147 r. w. section 144B of the Income Tax Act, 1961 (hereinafter referred as ‘the Act’) for Assessment Year 2015-16. 2. Deposit of cash of Rs. 6,00,000/- is the subject matter before us. The assessee, an widow categorically stated that out of the sale proceeds Rs.3,34,000/- was deposited, in support of which Krishna vs. Assessing Officer registered sale deed was also submitted before the authorities below.
Further, the balance amount was deposited out of the cash withdrawal from her own account and also the joint account held by her alongwith her husband. Thus, having regard to this aspects of the matter proof whereof duly been considered, the addition is found to be not sustainable in the eyes of law and thus, deleted.
In the result, the appeal filed by the assessee is allowed. Order pronounced on 21/3/2025. - (MADHUMITA ROY) JUDICIAL MEMBER
Dated: 21/03/2025
PK/Sr. Ps