JAYANTIBHAI DAHYABHAI PATEL,BHARUCH vs. INCOME TAX OFFICER , FACELESS ASSESSMENT UNIT
In the result, the appeal of the assessee is dismissed
ITA 408/SRT/2025[2012-13]Status: HeardITAT Surat07 Oct 2025AY 2012-13
Bench: Shri Sandeep Gosain () & Shri Om Prakash Kant () Assessment Year: 2012-2013 Jayantibhai Dahyabhai Patel, Ito, New Delhi, 283, Padm Punj, Siddhanth Bharuch-392001. Nagar Soceity, Gujarat Housing Vs. Board, Bharuch-392001. Pan No. Aebpp 3770 P Appellant Respondent : None For Assessee Assessee By : Ms. Namita Patel, Sr. Dr Revenue By : 06/10/2025 Date Of Hearing : 07/10/2025 Date Of Pronouncement
For Appellant: Ms. Namita Patel, Sr. DRFor Respondent: None for
Section 143(3)Section 147Section 271(1)Section 271(1)(c)
reassessment proceedings under section 147 read with section 143(3) of the Act were completed on 12.12.2019, wherein the Assessing Officer made an addition of ₹5,25,000/- representing unexplained cash deposits. The Assessing Officer simultaneously initiated penalty proceedings under section 271(1)(c