In the result, assessee’s appeal is allowed
Bench: SHRI S. RIFAUR RAHMAN (Accountant Member), SHRI SUNIL KUMAR SINGH (Judicial Member)
270/-. The return was processed u/s. 143(1) of the Act. Subsequently, the case was selected for complete scrutiny under the CASS. Though in the assessment order, the Assessing Officer nowhere mentions the amount of cash deposited during demonetization period in demonetized currency, the facts recorded in the impugned order of the learned CIT(A) indicate that the assessee