Explanation of opening cash in hand out of Tuition Income of earlier Years cannot be rejected without assigning any reason

Smt. Sarabjit Kaur Vs ITO (ITAT Chandigarh) In both the years under consideration, the assessee has declared income from tuition fee in her return of income and in both the years there were cash deposits in the bank account being maintained by the assessee. The Assessing officer added the cash deposits to the income of the assessee u/s 69 of the Act on the reasoning that the assessee could not explain the source of deposits. The assessee’s contention regarding the tuition fee having been received was also disbelieved and the same was also added to the income of the assessee u/s 69A as ‘inc...