TaxTMI 
TaxTMI 
2018 (6) TMI 1816
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....eal is filed by the assessee directed against the order of Learned Commissioner of Income Tax (Appeals)-3, Bangalore dt.22.02.2018 for the Assessment Year 2011-12. 2. The grounds raised by the assessee are as under : 3. It was submitted by the learned Authorised Representative of the assessee that the ground Nos. 1 & 2 are general in nature and therefore, no separate adjudication is called for. ....
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.... of Rs.25.05 lakhs from the City Bank Account No.3246101001269 is by way of cash withdrawal on the same date, there is a deposit of Rs.10.01 lakhs in the bank account No.3246101001447 and therefore, the source of the cash deposit of Rs.10.01 lakhs stands explained out of cash withdrawal from the bank. 5. The learned Departmental Representative supported the orders of authorities below. 6. I have....
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....1.2011 and therefore, in my considered opinion, the source of deposit stands explained. Hence this addition is deleted. Accordingly, Ground Nos.3 & 4 are allowed. 7. Regarding Ground Nos.5, 6 & 7, it was submitted by learned Authorised Representative of the assessee that copy of the bank statement for the relevant assessment year is available at Page No.17 of Paper Book and as the bank account, t....
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....t page No.3 of the assessment order that there is a cash deposit in bank account on 17.2.2011 and it was stated by the assessee that this amount was received from her father in law and addition was made by the Assessing Officer on this basis that this amount was received from the father-in-law and the assessee has not produced any evidence and therefore, the addition was made by the Assessing Offi....