ITAT Remits Case on Cash Deposits Claimed as father’s land sale proceeds

Rahul Kumar Vs ITO (ITAT Delhi) The Income Tax Appellate Tribunal (ITAT) in Delhi has remitted the case of Rahul Kumar back to the Commissioner of Income-tax (Appeals) [CIT(A)] for a fresh adjudication. The appeal concerns the assessment year 2012-13, where the assessee’s bank deposits were deemed unexplained by the Assessing Officer (AO). The assessee claimed that the cash deposits were proceeds from a land sale by his father, but failed to provide sufficient evidence to support this claim. The AO had passed an ex parte order due to the assessee’s non-compliance with multiple noti...