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TMI Blog2012 (1) TMI 186X X X X Extracts X X X X X X X X Extracts X X X X ..... der dated 30-11-2009 passed by Ld CIT(A)-II, Kochi and it relates to the assessment year 2005-06. 2. The assessee is challenging the following additions confirmed by Ld CIT(A). (a) 1/4th of Car expenses towards personal use - ₹ 3,160/- (b) 1/4th of depreciation of car towards personal use - ₹ 11,519/- (c) Unexplained money in Bank a/c - ₹ 22.51 lakhs 3 The facts re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rd to the disallowance made towards personal use of car, the Ld A.R submitted the same contentions that were raised before Ld CIT(A). In our view, the disallowance so made towards personal use of car appears to be reasonable and accordingly we confirm the order of Ld CIT(A) on this issue. 5. With regard to the availability of sources for making deposits in the account maintained with CITI Bank, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ghter. 6. However, both the tax authorities were not convinced with the explanations of the assessee, though the assessee filed confirmation letters from his brother and sister in support of his contentions. Before us, the Ld A.R reiterated the same contentions that were advanced before the tax authorities. On the contrary, the Ld D.R submitted that the confirmation letters are self serving doc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the said letter loses its credibility. The reason given for routing the said payment through another brother of the assessee is also not convincing. The explanation of the assessee that his brother had taken money from him on earlier occasions is also not supported with any evidence. In these circumstances, in our view also, the explanations offered by the assessee are not convincing. In these cir ..... X X X X Extracts X X X X X X X X Extracts X X X X
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