2014 (12) TMI 1361

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....appeal by the assessee for the Asstt.Year 2009-2010 is directed against the order of the CIT(A). 2. The only ground of the appeal of the assessee is as under: "1. On the facts and in circumstances of the case as well as law on the subject, the ld.CIT(A) has erred in confirming the action of the AO in making addition of Rs. 26,77,745/- as unaccounted income deposited in undisclosed bank account.....

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....s in the bank account of the assessee with ICICI Bank. He relied on the orders of the AO and the CIT(A). 4. We have considered rival submissions and perused the orders of the AO and the CIT(A), and also copy of the bank account with the ICICI Bank filed in the compilation before us. We find that the only peak amount worked out, in accordance with accepted principles of accountancy, should have be....