9911796707
TMI Blog2021 (9) TMI 990X X X X Extracts X X X X X X X X Extracts X X X X ..... 2. The registry has informed that the present appeal is delayed by three days. Ld. Counsel for the assessee submitted that the appellant was suffering from Dengue Malaria during the month of May 2019. Order of Ld. CIT(A) was received on 04.04.2019. The appellant was required to file the appeal by 03.06.2019. Due to illness the assessee was advised to take rest for six weeks. Due to this reason there was a delay in filing the appeal before this Tribunal. Prayer was made to condone the delay. Ld. DR opposed the request. We however under the given facts and circumstances of the case and the illness of the assessee are satisfied with the reason giving rise to delay in filing the instant appeal. We condone the delay and admit the appeal for adju ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ab National Bank account without considering the explanation offered by the appellant. 3. That the ld. CIT(A) erred in sustaining the addition of Rs. 10,25,485/- u/s 69A as unexplained cash deposit in bank account and allowing only Rs. 2,74,876/- out of the total cash deposit of Rs. 13,00,360/- without considering the explanation offered by the appellant. 7. Ground No.1 raised by the assesse is general in nature and no submissions were made with regard to this ground and the same is dismissed. 8. Ground No.2 & 3 are the effective grounds pertaining to addition of Rs. 2,25,000/- u/s 69 of the Act and Rs. 10,25,484/- u/s 69 of the Act. Ld. counsel for the assessee vehemently argued referring to the following written submissions: 1. Th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s Rs. 25,30,000 10. Per contra Ld. Departmental Representative (DR) vehemently argued supporting the orders of both the lower authorities. 11. We have heard rival contentions and perused the records placed before us and carefully gone through the submissions filed by the assessee. Effective grounds in the instant appeal are ground no.2 & 3 pertaining to addition for unexplained money/cash deposit at Rs. 2,25,000/- and Rs. 10,25,484/-. Both the lower authorities were not satisfied with the explanation made by the assessee. We find that the alleged additions are comprising of two parts, firstly addition for purchase of DD in cash of Rs. 2,25,000/- and second is cash deposit of Rs. 13,00,360/- in the bank account of PNB. 12. It is not in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the rival contentions, carefully gone through the order of the authorities below and the detailed chart of production and sale of various produce like wheat, chana, soya, placed on record duly indicating the month of production and also date of sale, rate at which the produced was sold. The assessee had also given detailed breakup of the various expenditure incurred for producing these crops which in total amounted to Rs. 1,99,500/-. Thus, the total net income of Rs. 6,21,270/- was shown in respect of land of 18.86 acres in Ratanpur area, Bhopal, yielding average rate of Rs. 33,000/- per acre. The Ld. Commissioner of Income Tax (Appeals) estimated Rs. 15,000/- per acre. Keeping in view the details furnished by the assessee as narrated b ..... X X X X Extracts X X X X X X X X Extracts X X X X
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