ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE - 2(3), BANGALURU vs. SHRI T.H SURESH BABU, BELLARY
In the result, the appeal by the revenue is dismissed
ITA 1890/BANG/2018[2010-11]Status: DisposedITAT Bangalore06 Apr 2022AY 2010-11
Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year: 2010-11
For Appellant: Shri Priyadarshi Mishra, Addl. CIT(DR)(ITAT), BengaluruFor Respondent: Shri Sivaprasad Reddy, ITP
Section 133A(5)Section 139(1)Section 143(2)Section 153Section 153ASection 153A(1)Section 153CSection 153C(1)
264. The AO completed assessment u/s. 153C r.w.s. 143(3) of the Act on 22.3.2013
by determining total income at Rs.1,82,63,699 inter alia making the following additions:-
Unexplained expenditure in marriage
-
Rs.53,34,268
Cash credits
-
Rs.40,00,000
Unexplained gifts
-
Rs.86,56,171
3. Against this, the assessee went in appeal before the CIT(Appeals) challenging