2025 (9) TMI 502

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.... PER DR. B.R.R. KUMAR, VICE-PRESIDENT:- Delay Condoned This appeal is filed by the Assessee against the appellate order dated 15.07.2024 passed by the Commissioner of Income Tax (Appeals)National Faceless Appeal Centre, Delhi, relating to the Assessment Year 2017-18. 2. The assessee has raised the following grounds of appeals: 1. Ld.CIT(A) erred in law and on facts in confirmin....

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....gh the assessee had submitted that the amount was deposited to repay the loan taken from RBL Bank, the appellant has not furnished any loan certificate to substantiate this claim. Before us, it was submitted that the assessee is a potato dealer and has been doing the business in cash over the years. The cash deposits are consistent pattern in the business of the assessee during the year and the ea....