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TMI Blog2020 (2) TMI 660X X X X Extracts X X X X X X X X Extracts X X X X ..... ding counsel with Mr.Tushar Gupta and Mr. Akash Pratap Singh, Advs. O R D E R CM APPL. 5022/2020 (exemption) 1. Exemption allowed, subject to all just exceptions. 2. The application stands disposed of. W.P.(C) 1451/2020 & CM APPL. 5021/2020 (stay) 3. Issue notice. Learned counsel for the respondents accepts notice. 4. We have heard the learned counsel. 5. The order that we propose to be pas ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... bank transfers. On the basis that the said amounts have been received as cash, which were not explained by the petitioner, the AO proceeded to make additions of Rs. 18,90,000/-. This was despite the fact that the petitioner had explained the position to the AO that the amounts had been received on the maturity of the deposits with the Post Office under the Monthly Income Scheme (MIS). The petitio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vant documents including the communication dated 18.12.2019 issued by the Office Of Sr. Superintendent of Post Offices, Delhi East Division, Delhi.
10. Consequently, the impugned demand notices are also set aside. The appeal before the CIT (A) has also become infructuous in view of the above circumstances.
11. Copy of this order be given dasti under the signature of Court Master. X X X X Extracts X X X X X X X X Extracts X X X X
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