₹3.32 Cr 69A Addition Remanded as Legal Grounds Not Examined

Javeed Khan Ahemad Khan Vs ITO (ITAT Pune)

₹3.32 Cr 69A Addition Not Decided on Merits— Legal Grounds Not Examined- Matter Restored for Fresh Hearing

Assessee did not file ROI for AY 2017-18. Based on cash deposits of ₹3,10,81,973 & other deposits of ₹21,79,000, AO issued notices u/s 148A(d) & 148. Assessee did not respond to 148A proceedings or to 142(1). AO completed best-judgment assessment u/s 147 r.w.s. 144 r.w.s. 144B, adding ₹3,32,60,973 u/s 69A as unexplained money.

Before CIT(A)/NFAC, assessee partly complied & challenge

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