SRI. MATHAI EAPEN VETTATH,KOTTAYAM vs. THE ITO, NON-CORPORATE, WD-1(3), KOCHI
In the result, the appeal of the assessee is partly allowed for statistical
ITA 422/COCH/2018[2014-15]Status: DisposedITAT Cochin25 Feb 2019AY 2014-15
Bench: S/Shri Chandra Poojari, Am & George George K., Jm
Section 133(6)Section 68
68 of the I T Act. The entire cash was deposited on 06.3.2014 and 7.3.2014. The CIT(A) gave the summary of assessee's explanation given at the time of
assessment which is as under:
i) The source of cash deposit is agricultural and professional income.
ii) He had sold land and sale consideration of the same were deposited