RANJIT PRASAD SAHU,BOKARO vs. ASSISTANT COMMISSIONER OF INCOME TAX, HAZARIBAGH
In the result, grounds of appeal raised by the assessee are allowed
ITA 312/RAN/2024[2017-18]Status: DisposedITAT Ranchi05 May 2025AY 2017-18
Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay(Virtual Hearing) Ranjit Prasad Sahu, A.C.I.T., Hosir, P.O. Lalpania, Dist.- Hazaribagh. Vs. Bokaro-829149 (Jharkhand) Pan No. Akkpk 9351 J Appellant/ Assessee Respondent/ Revenue
Section 115BSection 142(1)Section 147Section 271ASection 69Section 69A
69A of the Income Tax Act, 1961 (in short, the Act) on which tax was payable under Section 115BBE of the Act. A penalty proceeding under Section 271AAC of the Act was also initiated on the ground that the assessee has failed to give any explanation on the source of cash deposits in response to the notice issued under Section