2019 (7) TMI 1900

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....l (Adv.). For the Respondent :M/s Nidhi Srivastava, CITDR. ORDER PER SUCHITRA KAMBLE, JM This appeal is filed by the assessee against the order dated 21/12/2016 passed by CIT(A), Karnal for Assessment Year 2013-14. 2. The grounds of appeal are as under:- "1. That having regard to the facts and circumstances of the case, Ld. CIT(A) has erred in law and on facts in allowing p....

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.... 5. That the appellant craves the leave to add, alter or amend the grounds of appeal at any stage and all the grounds are without prejudice to each other." 3. During the previous year relevant to the assessment year 2013-14 the assessee was drawing income from salary and income from house property. In accordance with the provisions of section 142(1) of the Income Tax Act, 1961 notice dat....

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....the Act jewellery of Rs. 66,31,229/- was found from the residential premises of the assessee. At the time of recording of statement Sri Suresh Bansal, Son of the assessee stated that jewellery amounting to Rs. 10,22,435/- belongs to his mother Smt. Indervati who is the wife of the assessee. The Assessing Officer made the addition of Rs. 10,22,435/- in the hands of assessee instead of taking proper....

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....not to assessee. The Ld. AR as regards Ground No. 3 submitted that the amount of Rs. 50,000/- was kept in house because the assessee and his wife are senior citizens and required medical attention at any time. 6. The Ld. DR relied upon the assessment order and order of the CIT(A). 7. We have heard both the parties and perused all the relevant material available on record. From the perusal of....