ITAT directs Rejudication on Unaddressed Cash Deposit Notice

Puran Singh Vs ITO (ITAT Chandigarh) Introduction: In an appeal case involving Puran Singh and the Income Tax Officer (ITO), the Income Tax Appellate Tribunal (ITAT) Chandigarh has ordered a readjudication. The appellant failed to provide an explanation on certain cash deposits due to his unawareness of a notice served on his counsel’s e-mail ID and uploaded on the e-filing portal. Analysis: The case concerns cash deposits made by the appellant in the financial year 2010-11, noticed during assessment proceedings initiated under section 147 of the Income Tax Act. The appellant was asked to pr...