PRASHANT SURESH KHUTWAD,PUNE vs. THE INCOME TAX OFFICER, WARD-5(3), PUNE, PUNE

This is an appeal filed by the assessee directed against the order of the National Faceless Appeal Centre, Delhi [‘NFAC’] dated 06.03.2023 for the assessment year 2017-18.

Briefly, the facts of the case are that the appellant is an individual deriving income under the head “Income from other sources”. The Return of Income for the assessment year 2017-18 was filed on 28.10.2017 declaring total income of Rs.3,21,740/-. Against the said return of income, the assessment was completed by the Income Tax Officer, Ward-5(3), Pune (‘the Assessing Officer’)