KONATHALA NOOKU NAIDU,ANAKAPALLE vs. THE INCOME TAX OFFICER, WARD-1, , ANAKAPALLE

In the result, appeal of the assessee is partly allowed

Bench: Shri Duvvuru Rl Reddy, Hon’Bleआयकर अपील सं./ I.T.A. No.269/Viz/2023 (निर्धारण वर्ा / Assessment Year : 2017-18) Konathala Nooku Naidu, Vs. The Income Tax Officer, Anakapalle. Ward-1, Pan: Aczpn 4551 C Anakapalle. (अपीलधर्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधर्थी की ओर से/ Appellant By : Sri Gvn Hari, Ar प्रत्यधर्थी की ओर से / Respondent By : Dr. Aparna Villuri, Sr. Ar सुिवधई की तधरीख / Date Of Hearing : 12/03/2024 घोर्णध की तधरीख/Date Of : 18/03/2024 Pronouncement O R D E R Per Duvvuru Rl Reddy:

364/- as on 1/11/2016. In support of his claim the assessee also submitted cash book and confirmation letters. On perusal and verification of the submissions made by the assessee, the Ld. AO came to a conclusion that the assessee is not having appropriate 3 source to deposit cash of Rs. 25,40,000/- in his bank account. Accordingly