2020 (4) TMI 790

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....ao, AR Respondent by: Shri V.Rama Mohan, DR ORDER Per Shri D.S.Sunder Singh, Accountant Member : This appeal is filed by the assessee against the order of the Commissioner of Income Tax (Appeals) [CIT(A)], Vijayawada in Appeal No.10054/CIT(A)/VJA/17-18 dated 20.12.2018 for the Assessment Year (A.Y.)2015-16. 2. All the grounds of appeal are related to the addition of Rs. 5,00,000/- m....

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....e daughter of Sri Adika Manohar Rao. In brief, the gist of explanation was that the assessee had received the sum of Rs. 5,13,000/- from his son for purchase of car which was deposited in his bank account. His son, Sri Bhimana Sujit Raviteja had received the above sum, by way of gift from his father-in-law, Sri Adika Manohar Rao. The gift was received in connection with the marriage of his son wit....

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.... was gift by his father in law, Sri Adika Manohar Rao and the occasion for the receipt of the gift was the marriage of assessee's son with Dr.Mounica, daughter of Sri Adika Manohar Rao. From the order of the Ld.CIT(A), we have observed that Sri Adika Manohar Rao has withdrawn the sum of Rs. 16,75,000/- from 09.12.2013 to 13.03.2015 which is sufficient to meet the gift. In the instant case, the AO ....

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.... addition of Rs. 5,13,000/- u/s 68 or 69A of the Act without the prior approval of the Principal CIT, Vijayawada. Therefore, argued that as per the provisions of law, the case cannot be converted to full scrutiny as per the instructions of CBDT without the approval of the Ld.CIT. Hence, argued that the addition made by the AO required to be deleted on this ground also. 6. Since we have adjudica....