2025 (3) TMI 1821

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..... CIT (D.R.) ORDER (A) This appeal vide I.T.A. No.398/Lkw/2020 has been filed by the assessee for assessment year 2017-18 against impugned appellate order dated 23/09/2020 passed by Commissioner of Income Tax (Appeals) ["CIT(A)" for short]. (A.1) The appeal filed by the assessee is beyond the time prescribed u/s 253(3) of Income Tax Act, 1961 ("IT Act" for short). In the petition filed by....

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....business of wholesale trading business of general goods i.e. biscuit, soap etc. The assessee filed his return of income for the assessment year under consideration on 29/10/2017 declaring total income of Rs. 2,97,670/-. The assessment was completed u/s 143(3) of the Act on total income of Rs. 14,34,850/- after making addition of Rs. 11,37,183/- u/s 69A of the Act being unexplained money deposited ....

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....nses, and from out of gifts of nominal amounts received from relatives, friends and acquaintances at the time of ceremonial occasions. He also submitted that during the course of appellate proceedings before the learned CIT(A), affidavit from the wife of the assessee was also filed, which was not considered. He prayed that the addition of Rs. 1,44,500/- has been unduly and unjustly sustained by th....