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TMI Blog2019 (9) TMI 1238X X X X Extracts X X X X X X X X Extracts X X X X ..... ellant. ORDER A JAY TEWARI, J. (ORAL) CM-5282-CII-2019 This is an application for condonation of delay of 45 days in re-filing the present appeal. For the reasons stated in the application, the same is allowed. Delay of 45 days in re-filing the appeal is condoned ITA-114-2019 (O&M) 1. This appeal has been filed under Section 260-A of the Income Tax Act, 1961 ('Act' for short) again ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... so immediately handed over to the assessee. On 14.8.2013, there was another infusion of Rs. 2.00 lakhs by cash which was also handed over to the assessee. It was stated that prior to this, Chiman Lal had no bank account and the authorities below ultimately came to the conclusion that his creditworthiness was not proved. 3. Learned counsel for the appellant has argued that once Chiman Lal had appe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h. We further find it strange that if on 16.5.2013, the appellant decided to change his method of saving and put his money in the bank, why he did not put the entire savings in the bank and why he retained a sum of Rs. 2,40,000/- with him in cash. Chiman Lal is admittedly not an income tax assessee, thereby strengthening the view that not only he is not a rich man but he is barely able to make the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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