Avadhesh Kumar Panday Vs. ITO, Ward-2(4), Durgapur
Case No: I.T.A. No. 2215/Kol/2024
Court: Income Tax Appellate Tribunal 'A' Bench, Kolkata
Date: 3/26/2025
Parties Involved
appellantAvadhesh Kumar Panday
respondentITO, Ward-2(4), Durgapur
Facts Summary
The assessee, Avadhesh Kumar Panday, did not file any return of income for the assessment year 2019-20 despite substantial banking transactions. The Assessing Officer (AO) issued show cause notices and, after considering the submissions by the assessee, assessed the total income under Section 144 read with Section 147 by making an addition of Rs. 67,32,72,220/- under Section 69A as unexplained money. The assessee appealed to the Commissioner of Income Tax (Appeals)- NFAC, Delhi (Ld. CIT(A)), who…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the delay in filing the appeal should be condoned?
- 2. Whether the appeal should be remitted back to the Ld. CIT(A) for fresh adjudication?
Precedents Relied Upon
2 precedents cited in this judgement.