2025 (2) TMI 1395

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.... Respondent : Shri A. Sasikumar, CIT ORDER PER S.S. VISWANETHRA RAVI, JUDICIAL MEMBER: This appeal filed by the assessee is directed against the order dated 12.11.2024 passed by the Addl/JCIT(A)-9, Mumbai for the assessment year 2017-18. 2. The assessee raised 4 grounds of appeal amongst which, the only issue emanates for our consideration as to whether the ld. CIT(A) is justified in c....

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....ate authority allowed relief to the extent of Rs.. 5,00,000/- against the additions made under section 69A of the Act while confirming the addition made towards undisclosed business income of Rs.. 1,79,900/-, against which the assessee preferred further appeal before the Tribunal. 4. The ld. AR Shri S. Sridhar, Advocate submits that the Assessing Officer made addition of Rs.. 2,67,000/- and als....

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....determined by the Assessing Officer at Rs.. 13,23,890/-. The first appellate authority vide his order had given relief of Rs.. 5,00,000/- and confirmed the balance addition of Rs.. 2,98,901/- [Rs.. 7,98,901-5,00,000]. The ld. AR pleaded that the Assessing Officer made addition of Rs.. 7,98,901/- only on the ground of said cash deposit was made during demonetization period and accordingly not consi....