Unabated Assessment: No addition in Absence of Incriminating Materials

Sushil Singla Vs DCIT (ITAT Delhi) Introduction: The case of Sushil Singla vs. DCIT is centered around an appeal filed with the Income Tax Appellate Tribunal (ITAT) in Delhi. The appeal pertains to the assessment years 2014-15, 2015-16, and 2016-17 and challenges the order of the Commissioner of Income Tax (Appeals) (CIT(A)) dated 22.03.2023. The primary issue in question is whether the addition of cash deposits in the bank account, totaling Rs. 45,000, Rs. 2,00,000, and Rs. 1,50,000 for the respective assessment years, is justified in the absence of incriminating material related to unabated ...