2025 (8) TMI 881

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....Dhyani, CIT DR (on behalf of Shri Mahesh Pamnani Sr. DR) ORDER PER OMKARESHWAR CHIDARA, AM This appeal by the assessee is directed against order dated 30.09.2024 passed by the Ld. Commissioner of Income-tax (Appeals) - National Faceless Appeal Centre, Delhi [in short 'the Ld. CIT(A)'] for assessment year 2017-18. 2. The In the above captioned appeal, the appellant Ms. Priti Jay....

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....of Rs. 90,09,569/-. 4. The appellant craves to add, amend, alter, substitute, and modify any or all the above grounds of appeal, if necessary, on the basis of submissions to be made at the time of personal hearing." 3. From this assessment order, it is observed that the appellant had deposited an amount of Rs. 90,09,569/- in her bank account and she has not explained the source of the ....

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....the amount, they would freeze my house and the Recovery Officer would come to my house to take possession of house. He was a high blood pressure patient. He somehow managed cash and repaid loan of app. 70 lakhs. I am no aware from where he has got money to repay loan." 3.1 As mentioned above, the appellant couldn't explain the source of cash deposited in her bank account and the same was ad....

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.... case and submitted that the business was looked after by her husband and he passed away in 2018. She has pleaded that she doesn't know anything about the business which was run by her husband in her name. Per contra, the Ld. DR supported the order of Ld. AO and Ld. CIT(A) and argued that the order of Ld. AO should be confirmed because the appellant has not furnished the sources of bank deposi....