Dismissing the appeal the Tribunal held that ;the assessee had failed to prove his case as neither he nor his relatives and friend had been maintaining any bank account and they were labourers or farmers. Therefore, their creditworthiness was in doubt. There was no reason to interfere in the orders passed by the authorities.( AY.2006 -07)
Sitaram Ramchanddas Patel v. ITO (2018) 65 ITR 185 (Ahd) (Trib)
S.68: Cash credit — Gift from relatives -Depositors mostly labourers – Failure to prove creditworthiness -Addition is held to be justified .