Affidavit cannot be brushed aside without verifying the veracity of such affidavit

Kamaldeep Kaur Vs ITO (ITAT Delhi)

Facts giving rise to the present appeal are that the Assessing Officer was having information regarding incurrence of expenses of Rs. 40,00,000/- for purchasing jewellery worth Rs. 25,00,000/- and Rs. 15,00,000/- for other articles by the assessee during the period relevant to assessment year 2011-12. Therefore, the case of the assessee was reopened for assessment and a notice u/s 148 was issued. In response to the notice the Ld. authorized representative of the assessee attended the proceedings. The Assessing Officer

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