2025 (4) TMI 2100

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....no separate adjudication. 3. In ground No. 2 and 3 of appeal, the assessee has assailed reopening of assessment; however, no submissions were made by the ld. Counsel for the assessee on ground no. 2 and 3, hence, the same are dismissed. 4. In ground no. 4 of appeal the assessee has assailed addition of Rs. 8,00,000/- made on account of unexplained cash deposits. 4.1. Shri Ruchesh Sinha, appearing on behalf of the assessee narrating facts of the case submits that; the assessment for AY 2011-12 was reopened and notice u/s. 148 of the Income Tax Act, 1961(hereinafter referred to as 'the Act') was issued to the assessee on 20.03.2018 on the ground that there were cash deposits amounting to Rs. 15,50,000/- in the bank account of the ass....

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..... Now that Shri Vijay Kumar and Shri Mawasi Ram have died, therefore, no confirmations from them could be obtained. 5. Per contra, Shri Sanjay Kumar representing the department vehemently defending the impugned order submitted that in the absence of any cogent evidence the CIT(A) has confirmed addition of Rs. 8,00,000/- He thus prayed for upholding impugned order and dismissing appeal of the assessee. 6. Both sides heard. The assessee in ground no. 4 of appeal has assailed addition of Rs. 8,00,000/-. The assessee has explained the source of cash deposits of Rs. 8,00,000/- as under:- "i. opening cash in hand and family savings of preceding year Rs. 2,00,000/-; ii. cash withdrawal vide cheque through Shri Vijay Kumar R....