Kapil Chauhan Vs. Income Tax Officer

Parties Involved

Facts Summary

The case involves an appeal by Kapil Chauhan against the order of the Commissioner of Income Tax (Appeals)/National Faceless Appeal Centre, Delhi, which upheld the addition of Rs.18,80,500/- as unexplained cash deposits in the assessment order dated 18.12.2019. The assessee, Kapil Chauhan, admitted to owning 37 Bighas of agricultural land in Yamuna Nagar and had shown cash withdrawals of almost Rs.3.5 lakhs followed by the impugned deposits. The assessee claimed that the source of the cash deposits was from agricultural land and past savings.…

Legal Issues

• 1. Whether the cash deposit of Rs.18,80,500/- is unexplained income.

Judgment Outcome

Decided in favour of Assessee.

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