VIPULBHAI LABHUBHAI SUTARIYA,SURAT vs. ITO, WARD-2(3)(4), SURAT
In the result, appeal filed by the assessee is partly allowed
ITA 41/SRT/2020[2011-12]Status: DisposedITAT Surat23 Aug 2022AY 2011-12
Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No. 41/Srt/2020 Assessment Year: (2011-12) (Physical Court Hearing) Vipulbhai Labhubhai Sutariya, Vs. The Cit(A)-1, Surat. A-68, Shanti Niketan Society, Nr. Dharam Jivan Row House, Mota Varachha, Surat-395006. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Chops 2930 J (Appellant) (Respondent) Assessee By Shri Kiran K. Shah, Ar Respondent By Shri Vinod Kumar, Sr. Dr Date Of Hearing 27/05/2022 23/08/2022 Date Of Pronouncement
Section 143(3)Section 148Section 44A
condone the delay and admit the assessee`s appeal for adjudication on merit.
6. Succinct facts are that assessee had filed Income Tax Return showing income Rs.1,54,540/-. The assessing officer gathered information that bank account of assessee showed transactions totaling to Rs.1,62,10,799/- which 41/SRT/2020/AY.2011-12
Vipulbhai Labhubhai Sutariay were not disclosed by the assessee. Hence, assessing
