2025 (3) TMI 2009

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....he Respondent : Ms. R. Anitha, Addl. CIT ORDER PER JAGADISH, A.M : Aforesaid appeal filed by the assessee for Assessment Year (AY) 2017-18 arises out of the order of Learned Commissioner of Income Tax, Appeal, Addl/JCIT(1)-1, Chandigarh [hereinafter "Addl. CIT(A)"] dated 17.12.2024 in the matter of assessment framed by the Assessing Officer [AO] u/s. 143(3) of the Income-tax Act, 1961 (he....

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....from the partnership firm to meet out medical treatment expenses for his mother. However, since his mother passed away before the commencement of treatment, the unspent amount was re-deposited into his bank account. The AO did not accept this explanation and passed an assessment order under section 143(3) of the Act, making an addition of Rs. 5,00,000/- as unexplained money under section 69A of th....

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.... assessee is senior citizen and has been filling regular return of income. The Ld. Addl CIT(A) has not accepted assessee's explanation of past savings as he has withdrawn Rs. 10,00,000/- in the month of November 2016. The Ld Ld. AR has explained that money was withdrawn for treatment of his mother, which was deposited back as mother expired on 17th November 2016 before treatment. In our considered....