Tag Archives: Sushil Modi vs CIT (Calcutta HC)

Cash deposits in saving bank account held as unexplained

By | July 24, 2015

Cash deposits in saving bank account held as unexplained as assessee failed to prove source of deposits. HIGH COURT OF CALCUTTA Sushil Modi v. Commissioner of Income-tax, Central-II GIRISH CHANDRA GUPTA AND ARINDAM SINHA, JJ. IT APPEAL NO.52 OF 2003 APRIL  1, 2015 Section 69 of the Income-tax Act, 1961 – Unexplained investment (Deposits) – Block… Read More »