Addition towards undisclosed income sustained as claiming gift from husband is afterthought

K.Gomathi Vs DCIT (ITAT Chennai) ITAT Chennai held that assessee already admitted the fact of not disclosing four properties in the books of accounts and thereafter couldn’t explain the source of the purchase of four properties. Claiming that the same is gift from her husband is just an afterthought. Accordingly, additions sustainable. Facts- The assessee had also filed a petition for admission of additional grounds and taken a legal ground challenging validity of assessment order passed by the AO u/s.143(3) r.w.s.153C of the Act, in absence of notice u/s.153A of the Act. The Ld. Counsel for...