ITAT Chandigarh Remanded Unexplained Bank Credits Case with Cost for Fresh Adjudication

Manmohan Singh & Sons Vs CIT (ITAT Chandigarh)

The Income Tax Appellate Tribunal, Chandigarh Bench disposed of two connected appeals for Assessment Years 2018–19 and 2019–20 arising from orders of the CIT(A)/NFAC dated 13.02.2025. The Tribunal first condoned a seven-day delay in filing both appeals in the interest of substantial justice and admitted them for adjudication. As the issues were identical, the appeal for Assessment Year 2018–19 was treated as the lead case.

For AY 2018–19, the assessee, a HUF, filed its return declaring income of ₹4,97,078. Based on

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