CHANDRAKANTI,SAHARSA, BIHAR vs. ITO, SAHARSA, BIHAR
In the result, both the appeals of the assessee are allowed for statistical purposes
ITA 216/PAT/2024[2017-2018]Status: DisposedITAT Patna12 Dec 2024AY 2017-2018
Bench: Shri Duvvuru Rl Reddy, Vice-(Kz) I.T.A. No. 216/Pat/2024 (A.Y. 2017-2018) & I.T.A. No. 217/Pat/2024 (A.Y. 2016-2017) Chandrakanti,……………………..……..…………Appellant Shubham Fuels, Salkhuwa, Saharsa-852126, Bihar [Pan:Aeypc7137A] -Vs.- Income Tax Officer,…..……………………….....Respondent Ward-3(4), Saharsa, Bihar Appearances By: N O N E, Appeared On Behalf Of The Assessee Shri Ashwani Kr. Singal, Jcit, Appeared On Behalf Of The Revenue Date Of Concluding The Hearing: December 04, 2024 Date Of Pronouncing The Order: December 12, 2024 O R D E R
Section 115BSection 68
68 of the Act and taxed the same by invoking the provisions of section 115BBE of the Act
@ 60% during demonetization period for assessment year 2017-
18. 3. So far as the assessment year 2016-17 is concerned, on perusal of Bank statement of the assessee, the ld. Assessing Officer noticed that the assessee has deposited cash as well