2025 (8) TMI 282

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....see against the order dated 21.11.2023 passed by the Ld. Commissioner of Income Tax, National Faceless Appeal Centre (NFAC), Delhi [hereinafter referred to as 'CIT(A)'], for the Assessment Year 2017-18. 2. The Assessee is aggrieved by the action of the ld. CIT(A) in confirming the addition of Rs. 10,00,000/- on account of unexplained cash deposits in the bank account of the Assessee. The Assessin....

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....ee from unexplained sources. The ld. CIT(A) confirmed the addition so made by the A.O. 4. I have heard the rival contentions and gone through the record. The ld. Counsel for the Assessee has submitted that the Assessee is a lady and is working as a teacher in Ambala. He reiterated his submissions that the source of the aforesaid amount was gold loan taken by the Assessee for the purpose of dairy ....