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1 result for “penalty u/s 271”+ Demonetizationclear

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Section 682

RAJKUMAR PARSHURAM MHATRE,POYNAD vs. ASSESSING OFFICER, WARD PANVEL

In the result, the appeal filed by the assessee is allowed for statistical purposes

ITA 1764/PUN/2025[2016-2017]Status: DisposedITAT Pune25 Aug 2025AY 2016-2017

Bench: Justice (Retd.) C V Bhadang & Shri R. K. Pandaassessment Year : 2016-17

For Appellant: Shri Ronak H JainFor Respondent: Shri Milind Debaje, JCIT
Section 143(2)Section 144Section 250(6)Section 68

demonetization period. However, the assessee did not submit any documents in response to the notice issued along with questionnaire. The Assessing Officer therefore, proceeded to complete the assessment u/s 144 of the Act. On verification of ITS information available on the system and bank account statement the Assessing Officer noticed that the assessee has deposited total cash of Rs.49