2025 (5) TMI 347

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....: 1. That on the facts and circumstances of the case, the Ld. CIT(A) has erred in deleting the addition made by the Assessing Officer on account of Unexplained Cash Deposits/Credit Entries u/s 69A of the I.T. Act, 1961. 2. That on the facts and circumstances of the case, the Ld. CIT(A) has failed to appreciate that the assessee neither submitted any cogent evidences nor any details regarding the source of cash deposits and credit entries at the time of assessment. 3. That on the facts and circumstances of the case, the Ld. CIT(A) failed to appreciate that the assessee had not submitted any cogent evidences at the time of appellate proceedings also. 4. Further, the Ld. CIT(A) failed to appreciate that if t....

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.... the unexplained cash deposits and credit entries. By aggrieving with the same the assessee filed appeal and succeeded as the CIT(A) partly allowed the appeal. 4. The revenue preferred instant appeal before us by aggrieving the same by stated that Ld. CIT(A) erroneously deleted the addition whereas assessee neither submitted any cogent evidence nor any details regarding the source of cash deposit and credit entries at the time of assessment. 5. From the perusal of the record, shows that at the initiation of the instant appeal frequent notices issued to assessee/respondent but assessee never been appeared despite issuance of notice in different modes so in the circumstances we inclined to decide instant appeal ex-parte on its merits al....