2019 (8) TMI 618

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....ATE FOR SRI. K.V. ARVIND., ADVOCATE FOR R-1 AND R-2) ORDER The Petitioner has challenged the order passed by the respondent No.1 in appeal No. ITA No-e-file/W- 1/CIT(A)-6/2018-19 dated 07.05.2018 at Annexure-A wherein the appeal filed by the petitioner under Section 250 of the Income Tax Act, 1961 ('Act' for short) has been dismissed. 2. The petitioner is an individual assessee, who is in....

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....ans received by the assessee to the extent of Rs. 18,86,000/- and brought the same to the tax net. Hence, this writ petition. 5. I have heard the learned counsel for the petitioner as well as the Revenue and perused the material on record.   6. The finding given by the Assessing Authority relating to the hand loans of Rs. 18,86,000/- to consider the same as unexplained cash credit under....

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....e is concerned. It is the specific case of the assessee that the letter of confirmation [Annexure-B series] issued by various persons to establish the hand loans received by the assessee has not been considered. It is apparent that this specific issue relating to the documents furnished by the assessee has not been addressed by the Authorities albeit a specific ground raised in the appeal memo. It....