Divyarajsinh Vijaysinh Zala v. Income Tax Officer, Ward 1(2)(1)

Parties Involved

Facts Summary

The assessee, engaged in civil work, sub-contract, and job-work for Government agencies, filed an income return for the Assessment Year 2017-18 declaring a total income of Rs.5,57,230/-. The case was selected for limited scrutiny due to cash deposits during the year. Despite notices and requests for explanation, the assessee failed to provide satisfactory evidence regarding the source of cash deposits amounting to Rs.76,13,500/-. The Assessing Officer treated this amount as undisclosed income under section 69A of the Income-tax Act, 1961, and added it to the assessee's income. The assessee appealed against this order, which was dismissed by the Commissioner of Income Tax (Appeals). The assessee further appealed to the Income Tax Appellate Tribunal, seeking to furnish additional documents to explain the source of the cash deposits.…

Legal Issues

• 1. Whether the assessee should be allowed to furnish additional documents to explain the source of cash deposits.

Judgment Outcome

Decided in favour of Assessee.

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