HC confirms addition for unexplained amount deposited in bank account

Rakeshbeniyal Vs ITO (Madras High Court)

By consent of both the parties, this writ petition has been taken up for final disposal at the admission stage itself.

2. This writ petition has been filed challenging the impugned order dated 19.04.2022, passed by the first respondent under Section 148-A(d) of the Income Tax Act, 1961.

3 . The petitioner has raised the following grounds for challenging the aforementioned order:

a) The petitioner is a resident of Nambiyur Town and to the best of his knowledge, in the relevant period, there is no Axis Bank Branch at Nambiyur Town;

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