2025 (1) TMI 1656

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....nthoshi Sharma CAs For the Revenue : Shri Srikanth Reddy Y, Sr, AR. ORDER PER MANJUNATHA G. A.M: This appeal filed by the assessee is directed against order of the Commissioner of Income Tax (Appeal), ADDL/JCIT-1, Lucknow, dated 23-09-2024 and relevant to Assessment Year 2017-18. 2. The brief facts of the case are that the assessee, an individual has filed his return of income for t....

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....made addition of Rs. 9,60,000/- u/s 69A and taxed u/s 115BBE of The Income Tax Act, 1961. 3. On appeal, the ld. CIT(A) confirmed the addition made by the AO towards cash deposit for Rs. 9,60,000/- u/s 69A r.w.s. 115BBE of the Act. 4. We have heard both the parties, perused materials on record and gone through orders of the authorities below. The AO did not dispute the fact that the assessee ....