Addition for Cash Deposited in Joint Account cannot be made to an A/c holder if he/she Proves that same belongs to other Joint A/c Holder

ITO Vs Harmanpreet Kaur (ITAT Amritsar) Addition for Cash Deposited in Joint Account cannot be made to an Account holder if he/she Proves that same belongs to other Joint A/c Holder This is an Appeal by the Revenue and Cross Objection (CO) by the assessee arising out of the Order by the Commissioner of Income Tax (Appeals), Bathinda (‘CIT(A)’, for short) dated 14.09.2015 for Assessment Year (AY) 2009-10, allowing the assessee’ s appeal contesting her assessment u/s. 143(3) of the Income Tax Act, 1961 (‘the Act’ hereinafter) dated 09.12.2011. 2. The brief facts of the...