Jurisdiction Debate: Section 69 Challenge on HSBC Deposits of U.S. Citizen and NRI; Assessing Officer's Limits Highlighted.

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....Addition u/s 69 on account of deposit with HSBC Bank account of citizen of USA and NRI - Income received /Accrued or deemed to be received/ Accrued in India u/s 5 - AO has no jurisdiction to tax the deposits held by the assessee abroad unless it is proved that the source of deposits are from India....