Income declared under PMGKY needs verification hence matter of unexplained money u/s. 69A remitted

Vishal Vasudevbhai Modi Vs ITO (ITAT Ahmedabad) ITAT Ahmedabad held that claim of assessee that income declared under Pradhan Mantri Garib Kalyan Yojana [PMGKY] and hence the same should not be treated as unexplained deposits needs verification. Hence, matter remitted to AO to verify the same. Facts- The case was selected for scrutiny based on information that the assessee had deposited substantial cash in bank accounts during the demonetization period. The AO issued a notice u/s. 142(1) of the Act on 21/12/2017, followed by subsequent notices on 19/06/2019, 05/08/2019, and 26/11/2019, seeking...