SHRI VARDHAN GHILDIYAL,DEHRADUN vs. THE INCOME TAX OFFICER, WARD-1(2)(5), DEHRADUN
The appeal of the assessee stands allowed
ITA 18/DDN/2021[2017-2018]Status: DisposedITAT Dehradun31 Mar 2022AY 2017-2018
Bench: Sh. R.K.Panda & Sh. Anubhav Sharmash. Vardhan Ghildiyal Vs. Ito, Ca Mayank Kumar Aggarwal Ward 1(2) (5) 286A 1St Floor, Garhi Cantt. Dehradun Dakra Road, Dehradun- 248001 Pan – (Appellant) (Respondent)
Section 142(1)Section 144Section 250Section 69A
cash deposit has not been doubted by the AO, however the change in denomination of currency has been treated as generation of Income in the hands of appellant and moreover the unexplained income, resultant invoking taxability U/s 115BBE of IT Act 1961. 3) That the part addition upheld by the learned CIT(A) is based on conjecture and surmises
