COFRE DO FUNDO DA CRUZ ALO DE BAMBOLIM,BAMBOLIM vs. INCOME TAX OFFICER, NFAC, , DELHI
In the result, the appeal filed by assessee is allowed for statistical purposes
ITA 305/PAN/2024[2015-16]Status: DisposedITAT Panaji04 Jun 2025AY 2015-16
Bench: Shri Pavan Kumar Gadale & Shri G D Padmahshalii T A. Nos.305/Pan/2024 (A.Y. 2015-16 ) Cofre Do Fundo Da Cruz Alo Vs National E – De Bombolim, Assessment Centre, . 101/1,Holy Cross Shrine, Delhi-110001 Bambolim, Gmc Complex, . Bambolim-403202, Goa. Pan .No. Aabtc0675N (अपीलाथ"/Appellant) (""यथ"/Respondent) Assessee By Smt.Pratibha.R. Ar Revenue By Shri.Deshmukh S Prakashsr.Dr
Section 11Section 249(4)(b)
142(1) of the Act are issued and there was no proper compliance. Whereas the A.O found that the assesse has made the cash deposits aggregating to Rs.1,07,93,249/- in the bank accounts in the F.Y.2014-15
and explanations were called to substantiate the deposits.
The assesse has filed the letter on 24.03.2022, mentioning that the cash deposits