“Section 139(1)(5)(c)”

M/S SANCHETI ORNAMENTS PRIVATE LIMITED,MUMBAI vs. ITO-NFAC CIT APPEALS DELHI, MUMBAI

In the result, the appeal of the assessee is allowed for statistical purpose

Bench: Shri Aby T. Varkey, Jm & Shri Amarjit Singh, Am आयकर अपील सं/ I.T.A. No.1500/Mum/2023 (निर्धारण वर्ा / Assessment Year: 2017-18) M/S. Sancheti Ornaments बिधम/ Ito-Nfac/Cit (A) Pvt. Ltd. Delhi. Vs. Room No.7, 2Nd Floor, 65/67 Zaveri Bazaar, Mumbai-400002. स्थधयी लेखध सं./जीआइआर सं./Pan/Gir No. : Aafps0110E (अपीलार्थी /Appellant) .. (प्रत्यर्थी / Respondent) Assessee By: Ms Ruby Shrivastava Revenue By: Shri Suresh Gaikwad (Dr) सुनवाई की तारीख / Date Of Hearing: 13/10/2023 घोषणा की तारीख /Date Of Pronouncement: 29/11/2023 आदेश / O R D E R Per Aby T. Varkey, Jm: This Is An Appeal Preferred By The Assessee Company Against The Order Of The Ld. Commissioner Of Income Tax (Appeals)/(Nfac), Delhi Dated 28.12.2022 For The Assessment Year 2017-18. 2. The Main Grievance Of The Assessee Is Against The Action Of The Ld. Cit(A)/Nfac Confirming The Addition Of Rs.2,54,47,500/- Being Cash Deposited During The Demonetization Period.

IN THE INCOME TAX APPELLATE TRIBUNAL “G” BENCH, MUMBAI BEFORE SHRI ABY T. VARKEY, JM AND SHRI AMARJIT SINGH, AM