2026 (3) TMI 1566

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....P. Meena, Sr.DR ORDER PER T.R. SENTHIL KUMAR, JUDICIAL MEMBER: This appeal is filed by the assessee as against the appellate order dated 19/08/2024 passed by the Commissioner of Income Tax (Appeals)-Ahmedabad-13 [hereinafter referred to as "CIT(A)"] arising out of the reassessment order passed u/s. 147 rw.s.144B of the Income Tax Act, 1961 (hereinafter referred to as "the Act") relating t....

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....3/2022. In response thereto, the assessee filed partial information thereby the Assessing Officer (AO) made addition of Rs. 25 lakhs deposited in assessee's NRI account as unexplained income. 4. Aggrieved by the reassessment order, the assessee filed appeal before the Ld. CIT(A). During the course of appellate proceedings, the assessee filed additional evidences, namely, cash withdrawal of 150,....

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.... the transfer of Rs. 25,00,000/- in own bank account from own business account in UAE that was also from explained sources. He ought to have accepted the facts that the assessee has explained the source of income and it is not out of un-explained income. 2. The petitioner craves to add, alter or amend the Ground of Appeal on or before final hearing of the appeal." 6. The Ld.Counsel app....