KANHAIYA KRUSHI KENDRA,YAVATMAL vs. ITO WARD -1 , YAVATMAL
In the result, appeal filed by the assessee is allowed for statistical purposes
ITA 427/NAG/2025[2017-18]Status: DisposedITAT Nagpur09 Oct 2025AY 2017-18
Bench: Shri Pavan Kumar Gadalekanhaiya Krushi Kendra Main Bazar Line, Fulsa Wangi Mahagaon Dist. ……………. Appellant Yavatmal-445001, Maharashtra. Pan – Aaofk4226A V/S Income Tax Officer Ward–1, ……………. Respondent Aayakar Bhavan, Yavatmal-445001, Maharashtra. Assessee By: Shriabhishek Kumar, A.R. Revenue By : Shri Surjit Kumar Saha, Sr. D.R.
For Appellant: ShriAbhishek Kumar, A.RFor Respondent: Shri Surjit Kumar Saha, Sr. D.R
Section 142(1)Section 148Section 234ASection 68
section 142(1) of the Act, the assessee has submitted computation of income, audited report, bank statement and produced cash book. Whereas, the Assessing Officer has observed that the assessee is not able to substantiate and explain the source of cash deposits made in the bank account during the demonetization period and made addition of cash credits u/sec 68