INCOME TAX OFFICER, AHMEDABAD vs. BELA KIRITKUMAR NAHTA, AHMEDABAD
In the result, the appeal of the Revenue is dismissed
ITA 882/AHD/2024[2017-18]Status: DisposedITAT Ahmedabad09 Jan 2025AY 2017-18
Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokarआयकर अपील सं /Ita No.882/Ahd/2024 िनधा"रण वष" /Assessment Year : 2017-18 The Ito Bela Kiritkumar Nahta बनाम/ B-502, 5Th Floor 5, Gopinath Society V/S. Pratyaksh Kar Bhavan Opp. Sunrise Park Ambawadi Vastrapur Ahmedabad – 380 015 Ahmedabad – 380 015 "थायी लेखा सं./Pan: Acapn 1242 K अपीलाथ%/ (Appellant) &' यथ%/ (Respondent) Assessee By : Shri Hardik Vora, Ar Revenue By : Shri Rignesh Das, Sr.Dr सुनवाई की तारीख/Date Of Hearing : 06/01/2025 घोषणा की तारीख /Date Of Pronouncement: 09/01/2025 आदेश/O R D E R Per Makarand V. Mahadeokar, Am:
For Appellant: Shri Hardik Vora, ARFor Respondent: Shri Rignesh Das, Sr.DR
Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 68
demonetization period in her accounts at:
- Nutan Nagrik Co-op Bank: Rs.84,39,000 and Rs.47,00,000/- (two entries allegedly).
- Axis Bank: Rs.64,88,500/-.
ITO vs. Bela Kiritkumar Nahta
Asst. Year : 2017-18
2.2. Since the assessee failed to provide satisfactory evidence for these deposits, the AO treated the entire amount as unexplained cash credit under Section
