RAJ MANI YADAV,LUCKNOW vs. ITO-3(3), LUCKNOW
In the result, the appeal of the assessee stands allowed for statistical purposes
ITA 382/LKW/2024[2017-18]Status: DisposedITAT Lucknow30 Aug 2024AY 2017-18
Bench: Shri. Sudhanshu Srivastavaassessment Year: 2017-18 Raj Mani Yadav V. The Income Tax Officer 3(3) D-124, Harihar Nagar Lucknow Indira Nagar, Lucknow Tan/Pan:Bcopr2293D (Appellant) (Respondent) Appellant By: None (Adjournment Application) Respondent By: Shri Sanjeev Krishna Sharma, D.R. Date Of Hearing: 07 08 2024 Date Of Pronouncement: 30 08 2024 O R D E R This Appeal Has Been Preferred By The Assessee Against The Order Dated 31.10.2023, Passed By The Ld. Commissioner Of Income Tax (Appeal), National Faceless Appeal Centre (Nfac), Delhi For Assessment Year 2017-18. 2. The Brief Facts Of The Case Are That The Assessee, A Salaried Person, E-Filed His Return Of Income For Assessment Year 2017-18 On 1.8.2017, Declaring A Total Taxable Income Of Rs.2,87,850/-. Subsequently, The Case Was Selected For Limited Scrutiny Through Cass & The Assessing Officer Completed The Assessment, Assessing The Total Income Of The Assessee At Rs.19,45,850/- By Making Addition Under Section 69A Read With Section 115Bbe Of The Income Tax Act, 1961 (Hereinafter Called ‘The Act’) At Rs.16,58,000/- On Account Of Unexplained Cash Deposited During Demonetization. 3. Aggrieved, The Assessee Preferred An Appeal Under Section 246A Of The Act Before The Ld. Cit(A), Lucknow-1 On 18.12.2019. Later On, The Appeal Migrated To Nfac, Who Vide Its
For Appellant: None (Adjournment application)For Respondent: Shri Sanjeev Krishna Sharma, D.R
Section 115BSection 246ASection 69A
45,850/- by making addition under section 69A read with section 115BBE of the Income Tax Act, 1961 (hereinafter called
‘the Act’) at Rs.16,58,000/- on account of unexplained cash deposited during demonetization.
3. Aggrieved, the assessee preferred an appeal under section 246A of the Act before the ld. CIT(A), Lucknow-1 on 18.12.2019. Later on, the appeal
