Aneemoni Naga Raju Vs ITO (ITAT Hyderabad)
Summary: The Hyderabad Bench of the Income Tax Appellate Tribunal considered the assessee’s appeal against the order of the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi, dated 30 September 2025, arising from an assessment order passed by the Assessing Officer under Sections 147, 144 and 144B of the Income-tax Act, 1961 for Assessment Year 2020-21. The Tribunal pronounced its order on 20 March 2026.
The Assessing Officer had initiated reassessment proceedings after information regarding substantial financial transactions, including credit-card payments of Rs.1,31,230/-, sale of immovable property for Rs.65,00,000/-, cash deposits of Rs.20,77,000/- and cash withdrawals of Rs.19,00,000/-. The assessee had not filed a return of income and did not comply with notices issued under Sections 148 and 142(1). The AO consequently completed the assessment under Section 144, making an addition of Rs.1,10,93,131/- as unexplained money under Section 69A and determining income from other sources at Rs.48,345/-, resulting in total income of Rs.1,11,41,480/-.
Before the CIT(A), the assessee’s appeal was not admitted. The CIT(A) observed that the assessee had not filed a return and had not paid an amount equal to the advance tax payable as contemplated by Section 249(4)(b). The CIT(A) also noted that, in Form-35, the assessee had stated “Not applicable” against the column concerning payment of the amount equal to advance tax. The CIT(A) concluded that the appeal was infructuous and dismissed it.
