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Facts
The assessee, a non-filer for AY 2016-17, made substantial financial transactions. Proceedings under Section 148 were initiated. The AO added Rs. 7,00,000/- as unexplained cash deposits, which the assessee could not satisfactorily explain with documentary evidence.
Held
The Tribunal condoned the delay in filing the appeal before the CIT(A) due to the assessee's mother's illness. Since the CIT(A) had not adjudicated the appeal on merits, the case was set aside to the CIT(A) for reconsideration.
Key Issues
1. Whether the delay in filing the appeal before the CIT(A) should be condoned? 2. Whether the addition of unexplained cash deposits on merits warrants reconsideration?
Sections Cited
148, 148A, 143(2), 142(1), 69A, 115BBE
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Income Tax Appellate Tribunal, Hyderabad “SMC” Bench, Hyderabad
आदेशकी प्रनतनलनप अग्रेनर्त/ Copy of the order forwarded to:-
1. 1. निर्धाररती/The Assessee : Anakala Sunitha, H.No.4-7-146/2, Plot No.54, Opp. To Police Station, Hayabagh, Ranga Reddy District – 501506, Telangana. 2. रधजस्व/ The Revenue : The Income Tax Officer, Ward –9(1), Hyderabad.