GEETANJALI ANIL KANKREJ,KOPARGAON vs. ITO, WARD-1, AHMEDNAGAR, AHMEDNAGAR

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

Bench: Shri Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.1104/Pun/2024 िनधा"रण वष" / Assessment Year : 2017-18 Geetanjali Anil Kankrej, Vs. Ito, Ward-1, M/S. Kishor Wines, Jadhav Ahmednagar. Building, Dharangaon Road, Tal. Kopargaon- 423109. Pan : Agxpk9352L Appellant Respondent Assessee By : Smt. Deepa Khare Revenue By : Shri Uodol Raj Singh Date Of Hearing : 12.11.2025 Date Of Pronouncement : 27.11.2025 आदेश / Order Per Vinay Bhamore, Jm: This Appeal Filed By The Assessee Is Directed Against The Order Dated 23.04.2024 Passed By Ld. Cit(A)/Nfac For The Assessment Year 2017-18. 2. The Appellant Has Raised The Following Grounds Of Appeal :- “1. Whether On Facts & Circumstances Of The Case, The Reassessment Proceedings U/S 147 Valid In Law In Absence Of Reason To Believe That Any Income Has Escaped Assessment When The Ld Ao Himself States That Notice U/S 148 Is Issued To Verify & Make Enquiry

reassessment proceedings u/s 147 valid in law in absence of any tangible material to indicate any escapement of income in the hands of the appellant. 3. Whether on facts and circumstances of the case, the ld AO having accepted the fact that cash deposit in bank account has been duly disclosed and return of income being duly filed, the reopening