RANEE NARAH ,GUWAHATI vs. ACIT CIR -2 GUWAHATI, GUWAHATI

Appeal is allowed for statistical purposes

Bench: The Ld. Cit(A) On The Basis Of Following Findings:

money credited in their bank account. This approach finds support from the scheme of Section 68 / 69, which provides that where any sum is found credited in the books / bank accounts of an assessee maintained for any previous year, and the assessee offers no explanation about the nature and source thereof or the explanation offered

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-SHILLONG, SHILLONG vs. SMT. INDU RANI JHA, SHILLONG

Appeal is partly allowed for statistical purposes