Dineshbhai Nagjibhai Viradiya Vs ITO (ITAT Rajkot)
The Income Tax Appellate Tribunal (ITAT), Rajkot Bench, heard an appeal filed by the assessee for Assessment Year 2017-18 against the order passed by the National Faceless Appeal Centre (NFAC)/Commissioner of Income Tax (Appeals), which had confirmed an addition of Rs. 6,80,000 under Section 69A of the Income Tax Act relating to cash deposits made during the demonetization period.
The assessee also challenged the rejection of agricultural income, the estimation of opening cash balance, and the appellate authority’s treatment of documentary evidence.
The appeal before the Tribunal was delayed by 47 days. The assessee sought condonation of delay on the ground of severe illness. After hearing both parties and examining the affidavit filed in support of the application, the Tribunal held that sufficient cause had been shown and condoned the delay in the interest of justice.
The assessee had filed his return of income declaring total income of Rs. 2,93,380 and exempt agricultural income of Rs. 2,96,050. During the relevant year, the assessee earned salary income from M/s Bhakti Construction and agricultural income from farming activities. The case was selected for scrutiny assessment under CASS, and notices under Sections 143(2) and 142(1) of the Income Tax Act were issued during the assessment proceedings.
