VISHAN CHANDRA GUPTA S/O SALIG RAM 56-LAJPAT NAGAR, KARAMCHARI NAGAR BAREILLY-243001,BAREILLY vs. INCOME TAX OFFICER, WARD-1(1), BAREILLY
In the result, appeal of the Assessee is allowed for statistical purposes
ITA 173/LKW/2023[2011-12]Status: DisposedITAT Lucknow23 Jan 2025AY 2011-12
Bench: Shri. Sudhanshu Srivastavaassessment Year: 2011-12 Vishan Chandra Gupta V. Income Tax Officer S/O Salig Ram, Ward 1(1) 56, Lajpat Nagar Bareilly Karamchari Marg Bareilly Tan/Pan:Anhpg7000J (Appellant) (Respondent) Appellant By: None Respondent By: Shri Sanjeev Krishna Sharma, D.R. Date Of Hearing: 06 01 2025 Date Of Pronouncement: 23 01 2025 O R D E R This Appeal Has Been Preferred By The Assessee Against The Order Dated 14.03.2023, Passed By The Ld. Commissioner Of Income Tax (Appeal), National Faceless Appeal Centre (Nfac), Delhi For Assessment Year 2011-12. 2. The Brief Facts Of The Case Are That The Assessee Filed His Return Of Income For The Year Under Consideration On 12.07.2012, Declaring A Total Income Of Rs.3,61,210/-. The Income Tax Department Was In Possession Of Air Information That The Assessee Had Deposited Cash Amounting To Rs.13,90,000/- In His Saving Bank Account During The Financial Year 2010-11 Relevant To The Assessment Year Under Consideration. The Assessing
For Appellant: NoneFor Respondent: Shri Sanjeev Krishna Sharma, D.R
Section 143(2)Section 147Section 148
section 143(2) of the Act, requiring the assessee to furnish details relating to the cash deposits of Rs.13,90,000/-. The assessee filed detailed reply on 26.10.2018 along with supporting documents, stating therein that the assessee was a Bank employee since the year 1978 and on 12.11.1993, he was terminated from the service by the Bank, and that against