Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, “SMC” BENCH, AGRA
Before: HON’BLE SHRI SATBEER SINGH GODARA, JM & HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM
(िनधा�रणवष� / Assessment Year:2009-10) Sh. Bhanu Prakash Bhargava Income-tax Officer, बनाम/ Vs. Ward No. 7, Purane Jail K Ward 1(3), Gwalior. Datia (MP). �थायीलेखासं./जीआइआरसं./PAN/GIR No. APSPB-3917-L (अपीलाथ�/Appellant) : (� थ� / Respondent) अपीलाथ�कीओरसे/ Appellant by : Sh. Rajendra Sharma, Adv. – Ld. AR � थ�कीओरसे/Respondent by : Sh. Shailender Shrivastava – Ld. Sr. DR सुनवाईकीतारीख/Date of Hearing : 21-02-2025 घोषणाकीतारीख /Date of Pronouncement : 22.04.2025 आदेश / O R D E R Manoj Kumar Aggarwal (Accountant Member) 1. Aforesaid appeal by assessee for Assessment Year (AY) 2009-10 arises out of an order passed by of learned Commissioner of Income Tax (Appeals), Aligarh [CIT(A)] on 20-05-2024 in the matter of an assessment framed by Ld. Assessing Officer [AO] u/s. 144 r.w.s. 147 of the Act on 22- 11-2017. In the assessment order, Ld. AO made addition of bank credit for Rs.22.50 Lacs for want of sufficient evidences from the assessee. The assessee is stated to have earned agricultural income from leased land. The Ld. CIT(A), considering assessee’s submissions, restricted the impugned addition to Rs.7.15 Lacs against which the assessee is in further appeal before us.
From the case records, it emerges that the assessee primarily derives income from agricultural activities on leased land. The assessee also received maturity proceeds of fixed deposits of her mother-in-law. By granting benefit of past savings, we confirm addition to the extent of Rs.4 Lacs only and delete the remaining addition.
The appeal stand partly allowed. Order pronounced u/r 34(4) of Income Tax (Appellate Tribunal) Rules, 1963.