NARANJI RAJARAM DAVE,PORBANDAR vs. INCOME-TAX OFFICER, WARD-2(3), PORBANDAR , PORBANDAR, GUJARAT
In the result, the appeal of the assessee is allowed
ITA 822/RJT/2024[2017-18]Status: DisposedITAT Rajkot29 Oct 2025AY 2017-18
Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकरअपीलसं./Ita No. 822/Rjt/2024 ("नधा"रणवष"/Assessment Year: (2017-18) Naranji Rajaram Dave, Income Tax Officer, Wd -2(3), Vs. Porbandar-360575 17, 17 Naranji Rajaram Dave, Suttar Vada, Porbandar, Suttar Vada, Porbandar-360575 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Acjpd8823B (अपीलाथ"/Appellant) (""यथ"/Respondent)
For Appellant: Shri Sagar Shah, Ld. ARFor Respondent: Shri Abhimanyu Singh Yadav, Ld. Sr. DR
Section 133(6)Section 139Section 143(2)Section 143(3)Section 250Section 60
demonetization period, the Assessee has deposited Rs.
50,80,000/- in his two bank accounts of Porbandar Commercial Co-operative Bank
Ltd and HDFC Bank Ltd. Therefore, assessing officer, issued show -cause notice to the assessee, to explain the cash deposit in the bank accounts.
2
Naranji R. Dave
4. In response to the show cause notice, of the assessing