Case Law Details
Case Name : Bakulbhai Durlabhbhai Domadiya Vs ITO (ITAT Surat)
Related Assessment Year : 2017-18
Courts :
All ITAT ITAT Surat
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Bakulbhai Durlabhbhai Domadiya Vs ITO (ITAT Surat)
ITAT Surat held that due to non-cooperation on the part of the assessee ex-parte order was passed. Accordingly, matter remitted back, however, cost of Rs. 20,000 imposed for non-cooperation.
Facts- During assessment, AO observed that assessee deposited cash of Rs.10,00,000/- in ICICI Bank Ltd., Rs.22,00,000/- in Varachha Co-Op. Bank Ltd., and Rs.23,10,000/- in Varishtha Co-Op. Bank Ltd., totaling to Rs.55,10,000/-. The assessee had not submitted any explanation in respect of total cash deposit of Rs.55,10,00
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