2023 (7) TMI 345

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....see is against the order passed by the Ld. Commissioner of Income Tax (Appeals), (in short "Ld. CIT(A)"), National Faceless Appeal Centre (in short "NFAC"), Delhi on 04.01.2023 for A.Y. 2017-18. 2. The grounds of appeal raised by the assessee are as under: "1.1 The order passed u/s. 250 on 03.01.2023 for A.Y. 2017-18 by NFAC (CIT(A), Delhi upholding the addition of Rs. 11,21,000/- towards cash ....

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....nlawful. 2.1 The Ld. NFAC (CIT(A) has grievously erred in law and on facts in confirming addition of Rs. 11,21,000/- towards cash deposits in bank account as unexplained money u/s 69A. 2.2 That in the facts and circumstances of the case as well as in law, the Ld. NFAC [CIT(A)] ought not to have upheld the addition of Rs. 11,21,000/- towards cash deposits in bank account as unexplained money u/....

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....ices of the CIT(A) mainly for the reason that the assessee was not accustomed to check his Email ID. After the reason tax consultant has located the said notices by that time the CIT(A) passed the order. The Ld. A.R. further submitted that before the Assessing Officer sales register, purchase register, cash books and all purchase party related to the transactions were attached and reply was filed,....

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....ed that the addition made by the Assessing Officer may be deleted. 6. The Ld. D.R. submitted that the assessee has not given the explanation in respect of the cash withdrawn and cash deposited prior to demonetization as well as during the pre-demonetization period. Thus, the Ld. D.R. relied upon the assessment order. 7. Heard both the parties and perused all the relevant material available on re....