SARDARBHAI RAMSANGBHAI DHULIYA ,PALANPUR vs. THE INCOME TAX OFFICER, WARD-1 PREVIOUSLY WARD-5, PALANPUR
In the result, the appeal of the assessee in ITA No
ITA 899/AHD/2023[2011-12]Status: DisposedITAT Ahmedabad02 Aug 2024AY 2011-12
Bench: Income Tax Appellate Tribunal, Ahmedabad Bench, Ahmedabad , Which Has Arisen From The Appellate Order Dated 22-05-2023 Vide Din & Order No. Itba/Nfac/S/250/2023-24/1053040290(1)
For Appellant: Shri S.N. Divatia, ARFor Respondent: Shri Sanjay Jain, Sr. D.R
Section 144Section 147Section 234ASection 234BSection 250Section 253(3)Section 69A
reassessment proceedings were initiated by Revenue against the assessee u/s 147/148 on the grounds that there was cash deposits of Rs. 14,46,320/- by the assessee in its bank account, but the assessee has stated that there was no cash deposits of Rs.
14,46,320/- made by the assessee in its bank account, rather these are time deposits
