Cash deposit addition- ITAT condoned delay & criticised ex parte order

Saroj Kumar Senapati Vs ITO (ITAT Cuttack) The Income Tax Appellate Tribunal (ITAT) Cuttack Bench has allowed an appeal for statistical purposes in the case of Saroj Kumar Senapati vs. Income Tax Officer, restoring the matter to the file of the Commissioner of Income Tax (Appeals) [CIT(A)] for fresh adjudication. The case pertains to the Assessment Year 2017-18, centering around estimated income on alleged unexplained cash deposits. The assessee, an individual engaged in the wholesale rice business, had filed his return declaring a net income of ₹2,98,520. However, scrutiny proceedings were ...