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Case Law Details

Case Name : Gagandeep Singh Bakshi Vs ITO (ITAT Pune)
Related Assessment Year : 2014-15
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Gagandeep Singh Bakshi Vs ITO (ITAT Pune)

ITAT Pune held that addition on account of cash deposits unsustainable as reasonable and plausible explanation given by the assessee.

Facts- The appellant is an individual deriving income under the head “salaries”, “capital gain” and “income from other sources”. ROI for A.Y. 2014-15 was filed on 02.07.2014 declaring total income of Rs.6,66,050/-. Against the said ROI, the assessment was completed ex-parte by the Assessing Officer passed u/s 144 of

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