The Appellant is a salary drawing individual and filed a return of income declaring Rs. 2,83,360 as total income. The AO during assessment made addition of Rs.17,59,750/-as capital gains brought to tax and also a sum of Rs.28,42,000/-as unexplained cash deposits in the bank account as the assessee failed to offer any explanation. It was held that the appellant is not entitled for deduction in respect of section 54B of the Act as there was no purchase of the land/property in the name of the assessee. Submissions made in context of deduction u/s 54F are rejected as it is does not have any supporting evidence and is devoid of any merits. Cash deposit in bank, addition is justified  as no explantion is furnished.  (AY. 2011-12)