2018 (3) TMI 136

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.... Grounds: 1. "The ld. CIT(A) has erred in law and on facts in confirming the action of ld. AO in making addition of Rs. 6,79,900/- u/s 69A of the Act. 2. Both the power authorities have passed the orders without properly appreciating the facts and that they further erred in grossly ignoring various submission, explanations and information submitted by the appellant from time to time which ought to have been considered before passing the impugned order. The action of the lower authorities is clear breach of law and Principles of Natural Justice and therefore deserves to be quashed. 3. The Ld. CIT(A) has erred in law and in facts of the case in confirming action of Ld. AO in levying interest u/s 234A/B/C/D of the Ac....

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....eposited in your Bank account comes to Rs. 10,08,900/- during F.Y. 2010-11. Considering the facts of your case, the undersigned is of the opinion that the satisfactory explanation has not been furnished with regards to sources of such cash deposited. I, therefore, propose to add such amount of Rs. 10,08,900/- as your income from undisclosed sources, as have earned during the F.Y. 2010-11. You are requested to show cause as to why such addition shall not be made in the assessment year 2011-12." 3.1 The assessee submitted her explanation vide letter dated 24.12.2013, the contention of the submission is reproduce as under: "The observation and inference drawn is without taking into account the factual position. The assessee is empl....

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....f the daughter for three years. On verification of the entries in her bank account, it was noticed that she has withdrawn entire amount of cash through ATM facility. there were frequent small withdrawal ranging into few thousand rupees. Sometimes there are many cash withdrawal in the single day. Appellant had not submitted the detail of income earned by her daughter. The daughter of the appellant has made small withdrawal totaling to Rs. 4.75 lakhs and Rs. 4.0 lakhs during the year under consideration, whereas the cash deposits have been made in the bank account of the appellant in the previous year 2010-11. 6. We just fail to understand as stated by the ld. AR that appellant and her daughter both are working in bank, if any person is wo....