9911796707
TMI Blog2024 (8) TMI 1502X X X X Extracts X X X X X X X X Extracts X X X X ..... the assessee is directed against the order of the Commissioner of Income Tax (Appeal)-Addl/JCIT(A)-9 Mumbai, [hereinafter referred to as "CIT(A)"], vide order dated 05.03.2024 pertaining to A.Y. 2017-18 and arises out of the order passed by the Assessing Officer dated 28.12.2019 under Section 144 of the Act, 1961 [hereinafter referred as 'the Act']. 2. The assessee has raised the following ground ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... A notice u/s 142(1) dated 12-03-2018 was issued requiring the assessee to file his return of income for A.Y. 2017-18 till 31-03-2018. Further notice dated 30-11-2018 was issued along with certain queries but the assessee has failed to make the compliance. The AO has made the addition of Rs. 4,76,000/- as unexplained income u/s 69 of the Act and Rs. 77860/- as the profit income from the b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... siness income in earlier years ITRs. 6. Per contra the DR relied on the orders of the lower authorities and sought for dismissal of the Appeal filed by the assessee. 7. On Perusal of the order of the Ld CIT (A) reveals that the amount of Rs. 6,00,000/- was accepted as the turnover of the assessee and rest amount deposited Specified Bank Notes as unexplained income. The AO has accepted the p ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
