₹2.25 crore Unexplained Cash Deposit addition: ITAT Directs fresh Hearing

Advertisement Jigar Patel Vs ITO (ITAT Ahmedabad) This case pertains to an appeal filed by the assessee against the order of the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi, dated November 29, 2023, for the assessment year (AY) 2017-18. The appeal challenges the confirmation of an addition of ₹1.45 crore under Section 69A as unexplained money. The assessee contended that the order was passed without properly appreciating the facts, submissions, and evidence presented during the assessment proceedings. Additionally, the appeal argued that the order p...