ITO, PHALODI vs. VARSHA MILLS, KHICHAN
In the result, the appeal of the Revenue is dismissed
ITA 197/JODH/2024[2017-18]Status: DisposedITAT Jodhpur26 Feb 2026AY 2017-18
Bench: Dr. Mitha Lal Meena, Hon’Ble & Shri Sudhir Pareek, Hon’Bleito Varsha Mills, Khichan Phalodi E-51, Industrial Estate, Khichan, Phalodi, Jodhpur – 342308 Pan No.: Aaifv 9450 D Assessee By Shri Kapil Hirani, Advocate (Virtual) Smt. Runi Pal – Cit-Dr (Virtual) Revenue By Date Of Hearing 29.01.2026. Date Of Pronouncement 26.02.2026. Order Dr. Mitha Lal Meena, A.M.: This Appeal Is Filed By Revenue Against The Order Of National Faceless Appeal Centre, Delhi [Hereinafter Referred To As Nfac/Cit(A)] Dated 07.02.2024 With Respect To Assessment Year 2017-18 Challenging Therein Decision Of The Ld. Cit(A) In Deleting The Addition Made U/S 69A On Account Of Un-Explained Cash Deposits During Demonetization Period & By Invoking Provisions Of Section 145(3) Of The Act.
Section 145(3)Section 69A
demonetization period.
5. Assessee being aggrieved with the assessment order preferred an appeal before the Ld. CIT(A) who has granted relief to the assessee by observing as under:
1. The assessing officer has stated in page no 2 of the assessment order that as per cash book so submitted by the assessee, the same is out of cash sales