High Court Rules CIT(A) Cannot Sustain Additions Without Proper Inquiry into Unexplained Money from Father-in-Law.

High Court Rules CIT(A) Cannot Sustain Additions Without Proper Inquiry into Unexplained Money from Father-in-Law. https://www.taxtmi.com/highlights?id=67011 Unexplained money - amount received from his father-in-law - If the CIT(A) was not satisfied with the source, he could have enquired into the matter by issuing notice to the legal representatives of the assessee's father-in-law. Admittedly, no such enquiry was conducted. Therefore, additions could not have been sustained by the CIT(A) based on surmises and incorrect application of law- HC en-us Fri, 09 Dec 2022 16:17:33 +0530 Fri, 09 Dec 2022 16:17:33 +0530 TaxTMI RSS Generator High Court Rules CIT(A) Cannot Sustain Additions Without Proper Inquiry into Unexplained Money from Father-in-Law. https://www.taxtmi.com/highlights?id=67011 Unexplained money - amount received from his father-in-law - If the CIT(A) was not satisfied with the source, he could have enquired into the matter by issuing notice to the legal representatives of the assessee's father-in-law. Admittedly, no such enquiry was conducted. Therefore, additions could not have been sustained by the CIT(A) based on surmises and incorrect application of law- HC Highlights Income Tax Fri, 09 Dec 2022 16:17:33 +0530 https://www.taxtmi.com/highlights?id=67011