MURMU PANKAJ KUMAR,BENGALURU vs. ITO, WARD-3(3)(1), BENGALURU
In the result, appeal filed by the assessee is partly allowed for statistical purposes
ITA 134/BANG/2025[2016-17]Status: DisposedITAT Bangalore17 Jul 2025AY 2016-17
Bench: Shri Laxmi Prasad Sahu & Shri Keshav Dubeyassessment Year : 2016-17
For Appellant: Sri Balachandran, A.RFor Respondent: Sri Subramanian S., D.R
Section 115BSection 139Section 144BSection 147Section 148Section 156Section 250Section 271(1)(C)Section 271(1)(b)Section 271(1)(c)
80D amounting to Rs.2400/- ii)
Rs.
6,28,725/-
(
Purchase of Immovable
Property
Rs.72,83,725/- (-) Home Loan of Rs. 66,55,000/- ) treated as unexplained investment u/s 69 of the Act & taxed u/s 115BBE of the Act.
The AO completed the assessment on 22/01/2024 on a Total
Income of Rs.
43,73,435/- and raised total demand of Rs.5