RAKESH KUMAR,BARABANKI vs. INCOME TAX OFFICER, WARD 5(5), BARABANKI
The appeal of the assessee stands partly allowed
ITA 438/LKW/2025[2017-18]Status: DisposedITAT Lucknow07 Jan 2026AY 2017-18
Bench: Shri. Sudhanshu Srivastavaassessment Year: 2017-18 Rakesh Kumar V. The Income Tax Officer Naka Paisar Ward 5(5) Deen Dayal Nagar Barabanki Barabanki (U.P) Tan/Pan:Awkpk2247F (Applicant) (Respondent) Applicant By: Shri Rakesh Garg, Advocate Respondent By: Shri R.R.N. Shukla, D.R. O R D E R This Appeal Has Been Preferred By The Assessee Against The Order Dated 27.12.2023, Passed By The National Faceless Appeal Centre, Delhi (Nfac) For Assessment Year 2017-18. 2.0 The Brief Facts Of The Case Are That The Assessee Had Not Filed The Return Of Income For The Year Under Consideration. The Income Tax Department Was In Possession Of Information That The Assessee Had Deposited Rs.11,40,000/- During The Demonetization Period, I.E., From 09.11.2016 To 30.12.2016 In His Bank Account No.752530110000014 Maintained With Bank Of India, Subeha Bazar, Haidergarh. Thereafter, The Assessing Officer (Ao) Issued Statutory Notices To The Assessee, Requiring The Assessee To Explain The Source Of Cash Deposits In His Bank Account. Since There Was No Compliance From The Side Of The
For Respondent: Shri R.R.N. Shukla, D.R
Section 115BSection 133(6)Section 144Section 249(4)Section 249(4)(b)Section 68
68 of the Act, which provisions are not applicable, both the AO as
ITA No.438/LKW/2025 Page 5 of 11
well as the CIT(A) have erred in making and upholding the addition, the addition made be deleted.
06. Because the CIT(A) has erred on facts and law and in not appreciating the fact that assessee is not maintaining
