RASHMI ANUP SOLANKE,PUNE vs. ITO WARD-1(1), NAGPUR
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Income Tax Appellate Tribunal, NAGPUR SMC BENCH, NAGPUR
Before: SHRI MANISH BORAD
This appeal by the assessee is directed against the order of Ld. Commissioner of Income Tax (Appeals)/NFAC, Delhi (for short, “CIT(A)”) dated 25.02.2026 passed u/sec. 250 of the Income Tax Act, 1961 (for short, “Act”) which is arising out of assessment order dated 21.02.2024 passed u/sec. 144 r.w.s. 144 r.w.s. 144B of the Act for the Assessment Year (A.Y.) 2016-17. 2. Sole grievance is against the addition of Rs. 12,72,900/- made by the Ld. AO on account of unexplained investment u/sec. 69 of the Act.
At the outset, learned counsel for the assessee submitted that the source of the alleged investment in immovable property was the funds provided by the assessee’s husband, out of the salary income earned in Dubai. In support, he filed copy of 2 o
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