Ignorance of additional evidence and submission is patently and legally wrong

Naveen Kumar Vs ITO (ITAT Chandigarh) ITAT Chandigarh held that Ld. NFAC ignoring the submissions and the documents being sought to be filed as additional evidences and dismissal of assessee’s appeal without even commenting on the submissions or the documents is patently and legally wrong. Facts- Assessee had filed his return of income declaring taxable income of Rs. 2,34,920/-. The case was selected for limited scrutiny through CASS for the reason of large value cash deposits during the demonetization period. The assessee was required to explain, by the AO, the source of cash deposits in th...