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Case Law Details

Case Name : Shramik Nagri Vs ITO (ITAT Pune)
Appeal Number : ITA No. 2283/PUN/2024
Date of Judgement/Order : 31/12/2024
Related Assessment Year : 2015-16
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Shramik Nagri Vs ITO (ITAT Pune)

In the matter abovementioned ITAT allowed appeal of the assessee for statistical purpose by way of remand after considering that assessee was unable to submit details before CIT (A) due to unfortunate accident of CA.

Assessee had not filed Return for AY 2015-16. Case was reopened and assessment in the matter is completed ex-parte at Rs. 5,03,03, 556/- u/s. 144 r.w.s. 147 on account of of time deposits treating the same as unexplained income u/s. 69A. While completing assessment AO collected statement of accounts u/s 133(6) from various banks

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