SHASHIKALA BHIMACHARYA MALAGI,GOKAK, KARNATAKA vs. ITO, WARD-1, GOKAK, GOKAK, KARNATKA
The appeal is partly allowed in aforestated terms
ITA 180/PAN/2023[2017-18]Status: DisposedITAT Panaji09 Apr 2025AY 2017-18
Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshaliita Nos. 180/Pan/2023 Assessment Year : 2017-18 Shashikala Bhimacharya Malagi 0, Soubhagya, Kalyan Housing Colony, Gokak, Belgaum-591307 Pan : Bdypm3708B . . . . . . .Appellant V/S Income Tax Officer, Ward-1, Gokak. . . . . . . . Respondent Appearances Assessee By : Mr Himanshu Gandhi [‘Ld. Ar’] Revenue By : Mr Narendra Reddy [‘Ld. Dr’] Date Of Conclusive Hearing : 08/04/2025 Date Of Pronouncement : 09/04/2025 Order Per G. D. Padmahshali; The Captioned Appeal Of The Assessee Impugns Din & Order No. 1055706480(1) Dt. 04/09/2023 Passed By The National Faceless Appeal Centre, Delhi [‘Ld. Nfac’ Hereinafter] U/S 250 Of The Income-Tax Act, 1961 [‘The Act’ Hereinafter] Which In Turn Arisen Out Of Order Of Assessment Dt. 20/12/2019 Passed U/S 143(3) Of The Act Anent To Assessment Year 2017-18 [‘Ay’ Hereinafter].
For Appellant: Mr Himanshu Gandhi [‘Ld. AR’]For Respondent: Mr Narendra Reddy [‘Ld. DR’]
Section 115BSection 139(1)Section 143(2)Section 143(3)Section 250Section 69A
139(1) of the Act. In the year under consideration upon declaration of demonisation by the Hon’ble Prime
Minister, the appellant deposited
SBN worth
₹10,46,000/- into her Karnataka Bank account &
₹7,50,000/- into saving bank account maintained with Syndicate Bank accounts respectively and filed returns of income for preceding two assessment years as well.
ITAT-Panaji
