Case Law Details
Case Name : Satish Kumar Madanlal Gupta Near Janata Garage Vs ITO (ITAT Nagpur)
Related Assessment Year : 2009-10
Courts :
All ITAT ITAT Nagpur
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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 han
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