In the result, both the captioned appeals are dismissed
Bench: Shri Inturi Rama Rao & Shri Sonjoy Sarma
reassessed total income was computed at ₹3,40,53,543. 3. Aggrieved by the assessment order, the assessee preferred an appeal before the CIT(A). However, the CIT(A), after examining the matter, upheld the order of the AO. It was observed that while the assessee had provided certain lists of depositors or creditors, it failed to reconcile the same