Iapl/14/2022 Of Sukhpal Singh v. Income Tax Officer

Case :- INCOME TAX APPEAL No. - 14 of 2022 Appellant :- Sukhpal SinghRespondent :- Income Tax OfficerCounsel for Appellant :- Rishi Raj KapoorCounsel for Respondent :- Gaurav Mahajan Hon'ble Surya Prakash Kesarwani,J.Hon'ble Jayant Banerji,J. Heard Sri Rishi Raj Kapoor, learned counsel for the appellant - assesseeand Sri Gaurav Mahajan, learned counsel for the respondent - Income TaxDepartment. The dispute raised by the appellant - assessee is with regard to cashdeposit of Rs.19,90,000/- in the bank account on 28.05.2008, which hasbeen treated to be an unexplained investment and consequently was addedin the income of the petitioner. Concurrent findings of fact have beenrecorded by the Tribunal and the authorities below that the cash deposit inthe bank account on 28.05.2008 is unexplained. The CIT has also givendetails of the sale deeds and considered it in its entirety and rejected thecontention of the petitioner. The findings recorded by the Tribunal and theauthorities below are concurrent findings of fact. No substantial questionof law is involved in the impugned order of the Tribunal. Consequently,the appeal is dismissed. Order Date :- 23.2.2022NLY