ITAT Pune Quashes Non-Speaking 144 Order: Assessee Can Prove Cash Deposits

Awez Wahab Shaikh Vs ITO (ITAT Pune)

Assessee to Prove Deposits from Sales – Non-Speaking Section 144 Order Quashed – Tribunal Upholds Natural Justice

Assessee, engaged in business of trading mobile phones & accessories under the name M/s Royal Mobile Shoppy, challenged order of CIT(A)/NFAC dated 21.02.2025 confirming addition of ₹13,46,800 u/s 69A towards unexplained cash deposits.

AO noted that cash of ₹13.46 lakh was deposited during demonetisation period in Bandhan Bank & since the Assessee had not filed a valid return u/s 139

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