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Ex-parte order confirming addition remanded back as major cash deposits were prior demonetization

POONAM GANDHI 23 Oct 2024 180 Views 0 comment Print Income Tax | Judiciary

Case Law Details

Case Name : Vijay Odhabhai Lalu Vs ITO (ITAT Surat)

Appeal Number : ITA No. 766/Srt/2023

Date of Judgement/Order : 08/10/2024

Related Assessment Year : 2017-18

Courts : All ITAT ITAT Surat

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Vijay Odhabhai Lalu Vs ITO (ITAT Surat)

ITAT Surat held that addition on account of cash deposit during demonetization confirmed by both AO and CIT(A) by passing ex-parte order. However, majority of cash deposits are prior to demonetization period. Hence, matter remanded back for fresh verification.

Facts- AO mad

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Name: POONAM GANDHI

Qualification: CA in Practice

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Location: AHMEDABAD, Gujarat, India

Member Since: 14 Feb 2019 | Total Posts: 5595

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