SH. FARUKH JEHAN ZEB ,SRINAGAR vs. INCOME TAX OFFICER, ANANT NAG
In the result, the appeal of the assessee is dismissed
ITA 444/ASR/2017[2008-09]Status: DisposedITAT Amritsar03 Aug 2023AY 2008-09
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
For Appellant: Sh. Touseef Ahmad Khanday &For Respondent: Sh. S. M. Surendranath, Sr. DR
Section 142(1)Section 144Section 147Section 148Section 68
section 68 of the Income Tax Act as the appellant has
not given any explanation on the source of the deposits of Rs.99,69,395/-.
7. We have heard the rival contentions, perused the material on record,
impugned order, written submission and case law cited before us.
Admittedly, the appellant has not filed return of income for the assessment