In absence of proof for cash deposit from rental income, Section 69A addition justified

Smt. Kamala Vs ITO (ITAT Chennai) The brief facts of the case are that during the financial year relevant to the assessment year 2011-12, a sum of Rs.12,73,500/- was deposited in cash to savings bank account. The assessee has not filed return of income for the AY 2011-12. Therefore, the assessment has been re-opened u/s.147 of the Act, and notice u/s.148 of the Act, was issued. The assessee neither responded nor filed any return in response to the notice u/s.148 of the Act. The case was taken up for scrutiny and during the course of assessment proceedings, the AO called upon the assessee to pr...