2004 (9) TMI 31

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....iled by the assessee under section 260A of the Income-tax Act, 1961 (for short "the Act"), against the orders of the Income-tax Appellate Tribunal, Bench "D", New Delhi (for short "the Tribunal"), dated September 23, 2003, and August 12, 2003, relating to the assessment years 1994-95 and 1995-96, respectively. The assessee is aggrieved by the findings of the Tribunal that the household expenses....

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.... sources and thereby made an addition of Rs. 1,20,000 to the income of the assessee. The assessee preferred an appeal before the Commissioner of Income-tax (Appeals) contending that there was no basis, whatsoever, for estimating the household expenses at Rs. 1,20,000. It was pointed that the household expenses were being met by the wife of the assessee, who had withdrawn Rs. 33,600 out of her c....

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....eeping in view the amount of Rs. 33,600 withdrawn by the wife of the assessee, it restored the addition to the extent of Rs. 86,400 (1,20,000-33,600). The figure of Rs. 96,400 appears to be a typographical error as it actually works out to Rs. 86,400. In the assessment year 1995-96, the facts are almost identical except that the assessee had taken the stand before the Assessing Officer himself ....

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....his inability to furnish any such details before us. We have heard counsel for the appellant and perused the orders of the authorities below. In the absence of any break-up of the household expenses, it is not possible to verify as to whether the amounts of Rs. 33,600 and Rs. 36,000 withdrawn by the assessee's wife in the two assessment years under consideration, were sufficient for this purpos....