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ITAT Remands Section 69 Addition as Source of Cash Payments Was Not Properly Examined
Case Law Details
- Case Name
- DCIT Vs Navin Hanumanprasad Bagadiya (ITAT Pune)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2014- 15
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DCIT Vs Navin Hanumanprasad Bagadiya (ITAT Pune)
The Revenue appealed against the order of the Commissioner of Income Tax (Appeals), Pune-12, for Assessment Year 2014-15, challenging the deletion of an addition of ₹6,05,31,261 made under Section 69 of the Income-tax Act in proceedings under Sections 143(3) read with 153C. The addition related to alleged unexplained cash payments reflected in seized pocket diaries recovered during a search conducted on the Pride Group.
During the search conducted on 21 January 2020, pocket diaries containing handwritten cash transactions were...




