Computation of income approved by assessee before CIT(A) cannot be argued against Tribunal: ITAT Nagpur

Satish Kumar Madanlal Gupta Near Janata Garage Vs ITO (ITAT Nagpur) ITAT Nagpur held that once the computation of income is approved by the assessee before CIT(A) the same cannot be argued against the Tribunal. Accordingly, computation of income directed by CIT(A) upheld. Facts- The assessee is an individual. During the relevant A.Y., as per AIR information, the assessee was found to have deposited cash of Rs. 5,28,35,502 in his bank account with Bank of Baroda, Gondia. Since the assessee had substantial cash deposits in his bank account and on the other hand had not filed the return of income...