ITO, WARD - 2(3), VARANASI vs. KRISHNA KUMAR UPADHYAY, VARANASI
In the result, the appeal of the Department is allowed for statistical purpose
ITA 248/VNS/2019[2016-2017]Status: DisposedITAT Varanasi17 Jan 2023AY 2016-2017
Bench: Shri.Vijay Pal Rao & Shri Ramit Kocharassessment Year: 2016-17 Income Tax Officer, Vs. Shri Krishana Kumar Upadhyay, Ward-2(3), Varanasi N-8/239-C, Surya Bhawan, Nevada, Sunderpur, Varanasi-221005 Pan-Aaopu6505G (Appellant) (Respondent) Appellant By: Sh. Arvind Shukla, Advocate Respondent By: Sh. A.K. Singh, Sr. Dr Date Of Hearing: 12.01.2023 Date Of Pronouncement: 17.01.2023 O R D E R
For Appellant: Sh. Arvind Shukla, AdvocateFor Respondent: Sh. A.K. Singh, Sr. DR
Section 271BSection 69A
68,484/-. The AO sought an explanation from the assessee but no explanation was furnished by the assessee in respect of the deposits made in the current account. Accordingly, the AO held that out of the total deposit of Rs. 2,53,26,316/-, a sum of Rs. 2,24,57,820/- is excess in comparison to the sales
