TaxTMI 
TaxTMI 
2023 (5) TMI 1513
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....HARAT, JM: This appeal, by the assessee, is directed against the order of the learned Commissioner of Income-tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi, dated 30.09.2021, pertaining to the assessment year 2017-18. The assessee has raised following grounds of appeal: "The learned assessing officer as well as CIT(A) have erred in making the addition of Rs. 10,00,000/- o....
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....han Singh & Associates was originally a proprietorship firm of Ms. Arti Chauhan, PAN -AFGPC1790Q. To expand the business, a partnership firm was i formed with same name. But this partnership firm was dissolved on 31.03.2003. But Ms. Arti Chauhan PAN AFGPC1790Q had been carrying on the business in the name of Kishan Singh & Associates as proprietorship concern & filing her Income Tax return regular....
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....the bank account. Rs. 10,00,000/- deposited on 18.11.2016 in firm's account had been declared in the ITR of proprietorship concern having PAN AFGPC1790Q and the assessee proprietorship firm has submitted its return taking into consideration all the receipts flowing from both the PANs. Rejecting the contention of the assessee that the cash deposits were made out of earlier withdrawal from the same ....
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.... authorities in her 'Income-tax Return'. He, therefore, contended that impugned assessment order is ex facie illegal. He contended that Ms. Arti Chauhan is carrying out in the name and style of Kishan Singh & Associates. 4. On the other hand, learned DR opposed the submissions and supported the impugned order 5. I have heard rival contentions of the parties and perused the material available....