ITO, NEW DELHI vs. SH. SUBHASH SACHDEVA, DELHI

In the result, the appeals of the assessee and the Revenue are allowed for statistical

Bench: Smt Diva Singh

72A), Lajpat Rai Market, Chandni Chowk, Delhi. The assessee’s return was picked up for scrutiny wherein the assessee was required to explain the cash deposit of Rs.25,25,250/- in his ICICI Bank, Chandni Chowk, Delhi. As per explanation dated 22.12.2012 before the AO it was stated that the assessee trades in small electronics like leads, wires, sockets, switches

SUBHASH SACHDEVA,DELHI vs. ITO, NEW DELHI

In the result, the appeals of the assessee and the Revenue are allowed for statistical

Bench: Smt Diva Singh