Sanjay Tewari Vs Circle-2(1)(1) (ITAT Dehradun)
The ITAT Dehradun partly allowed the assessee’s appeal for AY 2017-18 concerning additions made under Section 68 for cash deposits of Rs.2,05,24,000 and Rs.10,50,000 during the demonetisation period. The CIT(A) had deleted an addition of Rs.10,00,000 while confirming Rs.2,05,74,000. The Tribunal noted that there was no dispute that the assessee, an individual running a petrol pump under Bharat Petroleum Corporation Ltd., operated in a sector where cash turnover could not be entirely ruled out. It also observed that the assessee had furnished relevant details regarding business turnover during demonetisation, although he had not fully discharged the burden of proving his explanation. Considering the facts, the Tribunal held that a lump sum addition of Rs.5 lakh would be just and proper, clarifying that the decision would not serve as a precedent. The assessee was also directed to be assessed under normal provisions instead of Section 115BBE.
FULL TEXT OF THE ORDER OF ITAT DEHEADUN
This assessee’s appeal for assessment year 2017-18, arises against the Commissioner of Income Tax (Appeals)/National Faceless Appeal Centre [in short, the “CIT(A)/NFAC”], Delhi’s DIN and order no. ITBA/APL/S/250/2025-26/1088009990(1), dated 27.03.2026 involving proceedings under section 143(3) of the Income-tax Act, 1961 (hereinafter referred to as ‘the Act’). Heard both the parties. Case file perused.
