Bench: Shri Vijay Pal Rao, Vice-A N D Shri Manjunatha, G.आ.अपी.सं /Ita No.456/Hyd/2024 (िनधा"रण वष"/Assessment Year: 2017-18) Apr Jewellers (P) Ltd Vs. Income Tax Officer Hyderabad Ward 2(1) Pan:Aalca3233D Hyderabad (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri, M. Bhupal Gowd, Ca राज" व "ारा/Revenue By:: Shri Srinath Sadanala, Dr सुनवाई की तारीख/Date Of Hearing: 17/02/2025 घोषणा की तारीख/Pronouncement: 20/02/2025 आदेश/Order
demonetization period. The Assessing Officer issued show cause notice u/s 142(1) and asked the assessee to furnish the details in support of the claim of cash sales being the source of cash deposits, including stock register, sale bills, details of investment made, loss on sales of shares claimed. In response, the assessee filed the reply and explained the monthly