Case Law Details
Case Name : Faridabanu Shaikh Vs ITO (ITAT Ahmedabad)
Related Assessment Year : 2017-18
Courts :
All ITAT ITAT Ahmedabad
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Faridabanu Shaikh Vs ITO (ITAT Ahmedabad)
In matter abovementioned ITAT remanded the matter to the CIT (A) who passed ex-parte order without mentioning to any proper service of notice of hearing.
The assessee earned income from selling milk and filed her return for AY 2017-18 declaring income of Rs.1,78,110/-. The case was selected for limited scrutiny with the reason of “large value cash deposits during demonetization period as compared to returned income”. The AO observed that, there was a closing cash book balance of Rs.12,84,371/- which is claimed to have been accumu
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