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Case Law Details

Case Name : Kanak Pramukhlal Sandesara Vs ITO (ITAT Ahmedabad)
Appeal Number : I.T.A. No. 984/Ahd/2024
Date of Judgement/Order : 06/12/2024
Related Assessment Year : 2017-18
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Kanak Pramukhlal Sandesara Vs ITO (ITAT Ahmedabad)

In the case of Kanak Pramukhlal Sandesara vs. ITO, the Income Tax Appellate Tribunal (ITAT), Ahmedabad, upheld the addition of ₹70,95,553 under Section 69A of the Income Tax Act. The case involved unexplained cash deposits and credit entries in the bank account of the assessee during the demonetization period. The assessment year in question was 2017-18, and the appeal was filed against the order of the Commissioner of Income Tax (Appeals) [CIT(A)] under the National Faceless Appeal Centre (NFAC). Despite multipl

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