2023 (3) TMI 1234

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....st of Rs. 95,076/- without reducing interest expenditure of Rs. 61,192 on loan against FDR and invoking provisions of section 115BBE on it. 3. Confirming the addition of Rs. 1,00,000/- on widow pension and invoking section 115BBE. 3. Learned counsel of the assessee drawing my attention towards page 10 of assessee paper book submitted that the assessee husband was died on 11.01.2013 and at the time of his death there was cash in his hand amounting to Rs. 1,85,000/- which was received by the assessee as successor wife. The learned counsel also submitted that the opening cash in hands of Sarla Devi was Rs. 1,20,000/- and in addition to this the assessee withdrew Rs. 10,09,000/- from State Bank of India Hansi Branch and Rs. 1,25,000....

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....e learned counsel vehemently pointed out that the Assessing Officer has taken a very unreasonable and unsustainable action while making addition of Rs. 1,00,000/- on account of widow pension and FDR interest on of Rs. 95,076/- specially when the assessee does not fall within the ambit of taxable limit therefore she was not required to file any return of income for A.Y. 2017-18. The learned counsel submitted that the additions made by the AO may kindly be deleted. 4. Replying to the above the learned Senior DR submitted the assessee did not filed return of income and what was the reason for keeping such huge cash at home was not properly explained therefore the addition is sustainable and Ld. CIT(A) was right in confirming the same. 5.....