MAYANK SINGH MEHRA,NAINITAL vs. ITO, NAINITAL
In the result, the Appeal of the assessee is allowed
ITA 100/DDN/2019[2010-11]Status: DisposedITAT Dehradun23 Nov 2023AY 2010-11
Bench: Shri Kul Bharat & Shri M Balaganesh[Assessment Year : 2010-11] Mayank Singh Mehra V Ito Oak Over Cottage, Mallital, S Nainital Nainital, Uttarakhand Uttarakhand Pan: Abipm5085E Appellant Respondent Appellant By Sh. Sharad Kumar Vishnoi, Adv Respondent By Sh. A. S. Rana, Sr. Ld. Dr Date Of Hearing 22.11.2023 Date Of 23.11.2023 Pronouncement
Section 27(1)Section 271(1)(c)
property amounting to Rs. 28,00,000/-.In response to the statutory
notices, the Ld. Representative of the assessee attended the
proceedings. The Assessing Officer finding that the assessee failed
to explain the source of investment of Rs. 8,99,067/-, he added this
amount. Further, he made addition out of low house hold
withdrawal and non disclosure of interest