ITAT Pune Restores ₹28.71 Lakh Cash Deposit Case to CIT(A) for Fresh Hearing

Advertisement Gajanan Jagannath Kalbhor Vs ITO (ITAT Pune) Income Tax Appellate Tribunal (ITAT) Pune Bench, in a recent order, has remanded a case involving an unexplained cash deposit of Rs. 28.71 lakh back to the Commissioner of Income Tax (Appeals) [CIT(A)]. The assessee, Gajanan Jagannath Kalbhor, had appealed against an order from the National Faceless Appeal Centre (NFAC), Delhi, which had upheld an addition made under Section 69A of the Income-tax Act, 1961, by the Income Tax Officer (ITO) for Assessment Year 2012-13. The case arose when the assessee, an individual, failed to file a ...