Ex-parte order confirming addition of entire cash deposits during demonetization not justified

Harekrishna Medical Store Vs ITO (ITAT Ahmedabad)

ITAT Ahmedabad held that addition towards entire cash deposits during demonetization period by passing ex-parte order due to non-compliance by assessee without examining on merits unjustified. Accordingly, matter restored back to AO for fresh examination.

Facts- The assessee is a partnership firm running a medical store. In the course of assessment, the AO found that the assessee had made cash deposit of Rs.10,90,000/- during demonetization period. In the course of assessment, no compliance was made by the as

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