2026 (5) TMI 1401

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....filed by the assessee is against the order passed by the Ld. Commissioner of Income Tax (Appeals) (in short "Ld. CIT(A)"), ADDL/JCIT(A), Kochi on 28.11.2025 for A.Y. 2017-18. 2. The assessee has raised the following grounds of appeal: "1. In view of the facts and circumstances of the case the Ld. CIT(A), ADDL/JCIT(A) erred in law and in facts, in not appreciating the facts of the case ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... deposits of Rs. 13,95,000/- in his bank account with Bank of India and Bank of Baroda. The assessee filed response to the notice under Section 142(1) of the Act. The Assessing Officer after going through the details made addition of Rs. 13,95,000/- under Section 69A of the Act as unexplained money. 4. Being aggrieved by the assessment order the assessee filed appeal before the CIT(A). The CIT(....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e CIT(A). 7. We have heard both the parties and perused all the relevant materials available on record. It is pertinent to note that the assessee has given all the details of cash flow statement along with sale register, purchase register and sample sales bills. The assessee has regularly maintaining the sales register and purchase register and is continuously having cash in hand which regularl....