MOHD. AHAMAD,SONEBHADRA vs. ITO, WARD - III(3), SONBHADRA
In the result, both the appeals of the assessee are partly allowed
ITA 122/VNS/2020[2015-2016]Status: DisposedITAT Varanasi03 Jun 2022AY 2015-2016
Bench: Shri.Vijay Pal Raoassessment Year: 2015-16 Shri. Mohd Ahamad, V. Income Tax Officer, Pagia, Karma Road, Sonbhadra- Ward-Iii(3), Chandi Tiraha, 231216 Robertsganj Sonbhadra- Pan-Bkxpa2899B 231216 (Appellant) (Respondent) Assessment Year: 2016-17 Shri. Mohd Ahamad, V. Income Tax Officer, Pagia, Karma Road, Sonbhadra- Ward-3(3), Sonbhadra 231216 Pan-Bkxpa2899B (Appellant) (Respondent) Appellant By: Sh. K.R. Singh, Advocate Respondent By: Sh. A.K. Singh, Sr. D.R. Date Of Hearing: 26.05.2022 Date Of Pronouncement: 03.06.2022 O R D E R
For Appellant: Sh. K.R. Singh, AdvocateFor Respondent: Sh. A.K. Singh, Sr. D.R
Section 44A
68,740/- under section 44AD of the Income Tax Act. The case was selected for limited scrutiny in respect of larger cash deposits in the saving bank account of the assessee in comparison to the turnover declared by the assessee.
During the assessment proceedings, the Assessing Officer noted that a total of Rs.
1,19,16,791/- was deposited
