CHANDRAKALA NARALA,BENGALURU vs. INCOME TAX OFFICER, WARD-5(3)(3), BANGALORE
In the result, appeal filed by the assessee is allowed for statistical purposes
ITA 2575/BANG/2024[2016-17]Status: DisposedITAT Bangalore21 Apr 2025AY 2016-17
Bench: Shri. Laxmi Prasad Sahu & Shri. Soundararajan Kassessment Year : 2016-17
For Appellant: Shri. Pranit Tanna, CAFor Respondent: Smt. Neha Sahay, JCIT(DR)(ITAT), Bangalore
Section 144Section 147Section 148Section 234BSection 249(4)(b)Section 250Section 271(1)(b)Section 282ASection 69A
147 read with section 144
for the Assessment Year 2016-17. Based upon the facts and circumstances of the case, the Assessment Unit has erred in considering the cash deposits of Rs. 68,22,000 as unexplained income u/s 69A of the Act
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2. The learned Assessing Officer has erred in levying interest under section 234B