SH. KRISHAN KUMAR,KHANNA vs. DCIT, CC-1, LUDHIANA
In the result, the appeal of the Assessee is allowed
ITA 175/CHANDI/2023[2019-20]Status: DisposedITAT Chandigarh04 Jan 2024AY 2019-20
Bench: Shri A.D. Jain & Shri Vikram Singh Yadav
For Appellant: Shri Sudhir Sehgal, AdvFor Respondent: Shri Anil Sharma, JCIT, Sr.DR
Section 115BSection 133ASection 139Section 143(1)Section 143(2)Section 68Section 69Section 69ASection 69BSection 69C
4. Further during the survey u/s 133A on 24.1.2019, cash of
Rs. 11,88,760/- was found whereas the cash in hand available,
as per the books of account, was Rs. 10,54,756/. The Assessee
was asked to explain the excess cash of Rs. 1,34,004/- but the
Assessee had merely presented a chart vide which utilization