2022 (8) TMI 284

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.... For the Respondent : Shri ARV. Sreenivasan (Addl. CIT) -Ld. DR ORDER MANOJ KUMAR AGGARWAL (ACCOUNTANT MEMBER) 1. Aforesaid appeal by assessee for Assessment Year (AY) 2017-18 arises out of the order of learned Commissioner of Income Tax (Appeals)-16, Chennai [CIT(A)] dated 15-11-2021 in the matter of assessment framed by Ld. Assessing Officer [AO] u/s.144 of the Act on 24-12-2019. The ....

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....plained money u/s 69A. 3. During appellate proceedings, the assessee submitted that he used to bring cash during visits to India and it was customary to provide some cash to the parents during such visit. The Ld. CIT(A), inter-alia, observed that the deposits of Rs.3.45 Lacs was stated to funded out of earlier withdrawals and transfer from western union. It was possible that some cash might hav....