Bakhtawar Nariman Dalal vs. Income Tax Officer

Parties Involved

Facts Summary

The assessee, Bakhtawar Nariman Dalal, is an elderly lady engaged in the business of selling religious items in a Parsi Temple. She filed her return of income for the year 2017-18 declaring a total income of Rs.1,61,700/-. The Assessing Officer noticed that she had deposited cash aggregating to Rs.20,32,000/- in her bank account in November 2016, during the period of demonetization. The assessee offered explanations for the sources of these deposits, including past savings, an amount received from her husband's brother's wife, and gifts received on her anniversary. The Assessing Officer did not accept these explanations and assessed the amounts of Rs.7,20,000/- and Rs.7,80,000/- both aggregating to Rs.15.00 lakhs as unexplained income under section 69A of the Act. The Commissioner of Income Tax (Appeals) confirmed this addition, leading to the assessee filing an appeal.…

Legal Issues

• 1. Whether the addition of Rs.15.00 lakhs as unexplained income by the Assessing Officer and confirmed by the Commissioner of Income Tax (Appeals) is justified?

Judgment Outcome

Decided in favour of Assessee.

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