NARAYAN BHAGYACHANDRA KHATRI,NAGPUR vs. A.C.I.T, AMRAVATI CIRCLE, AMRAVATI, AMRAVATI
In the result, the ground of appeal raised by the assessee is partly
ITA 254/NAG/2025[AY 2017-18]Status: DisposedITAT Nagpur26 Mar 2026
Bench: Shri Pawan Singh& Shri Khettra Mohan Roy(Physical Hearing) Narayan Bhagyachandra Khatri Acit, Amravati Circle, Amravati Flat No. Sp-2/102, Streling Springdale Vs Aayakarbhavan, Near Dps School, Apartment, Raj Nagar, Nagpur, Saturna, Amravati, Maharashtra – 440013. Maharashtra – 440006. [Pan: Aaccg4441J] Appellant / Assessee Respondent / Revenue
Section 234ASection 234CSection 254(1)Section 69
unexplained investments u/s 69 without considering the facts & submissions in proper perspective and on presumption & suspicion. The addition made by AO and confirmed by CIT (Appeals) is improper, unjust and deserves to be deleted.
2. THAT the assessment made at Rs 91,87,198/- as against returned income at Rs.
66,87,200/- and thereby raising additional demand