ITAT Allahabad Remands Case to AO Due to Assessment Year Mix-Up

Asha Agarwal Vs ITO (ITAT Allahabad)

In the case of Asha Agarwal vs. ITO, the ITAT Allahabad remanded the matter to the Assessing Officer (AO) due to a mix-up in the assessment year by the Commissioner of Income Tax (Appeals) [CIT(A)]. The dispute arose from an addition of ₹33.29 lakh made under Section 69A of the Income Tax Act, 1961, for unexplained cash deposits, along with a 10% addition of ₹49.27 lakh from non-cash bank deposits. The CIT(A), while adjudicating the case for Assessment Year (AY) 2017-18, mistakenly relied on submissions and data for AY 2018-19.

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