PUNJAB HOUSE,JABALPUR vs. INCOME TAX OFFICER, WARD 2(1)
In the result, the appeal of the assessee is allowed
ITA 54/JAB/2024[2017-18]Status: DisposedITAT Jabalpur30 Sept 2025AY 2017-18
Bench: Shri Kul Bharatassessment Year: 2017-18 Punjab House V. Income Tax Officer, 1, Star Complex, Opp Dominos, Ward-2(1) Jyoti Talkies Road, Napier Town Annexe Building, Aayakar Jabalpur, Madhya Pradesh- Bhawan, Napier Town, 482001. Jabalpur-Madhya Pradesh-482001. Pan: Aaqfp3056R (Appellant) (Respondent) Appellant By: Shri G. N. Purohit, Sr. Advocate. Respondent By: Shri Alok Bhura, Sr. Dr Date Of Hearing: 18 09 2025 Date Of Pronouncement: 30 09 2025 O R D E R
For Appellant: Shri G. N. Purohit, Sr. AdvocateFor Respondent: Shri Alok Bhura, Sr. DR
12,700/- is of 01.04.2016 and cash in hand as on date of demonetization is of Rs.32,00,442/-
*(Rs.29,36,298/- of Jabalpur H.O & Rs.2,64,144/- of Bhopal Branch) which includes notes not demonetized and out of which the said Rs.30,77,800.00 of old currency notes held in hand of 08.11.2016 including car sale amount were deposited