Ex-parte order – addition For unexplained cash – ITAT restore matter to CIT(A)

Satyabhama Avadhanula Karimnagar Vs ACIT (ITAT Hyderabad)

I find the Assessing Officer on the basis of inquiry conducted u/s 131(1)(d) made addition of Rs.22.00 lakhs being unexplained cash found from the possession of the assessee and made addition of the same u/s 69A rws 115BBE of the I.T. Act. I find the learned CIT (A) upheld the action of the Assessing Officer the reasons of which have already been reproduced in the preceding paragraphs. It is the submission of the learned Counsel for the assessee that the learned CIT (

Please become a Premium member. If you are already a Premium member, login here to access the full content.