ITA Nos. 4551 & 4552/Del/2024 Gautam (AYs. 2011-12 & 2012-13)
Case No: ITA Nos. 4551 & 4552/Del/2024
Court: INCOME TAX APPELLATE TRIBUNAL, 'B' BENCH, DELHI
Date: 2/21/2025
Parties Involved
appellantGautam
respondentIncome Tax Officer
Facts Summary
The assessee, Gautam, filed an appeal against the orders dated 27.12.2023 and 12.12.2023 passed by the Ld CIT(A)NFAC, Delhi, arising from the assessment orders passed by the ITO, Ward-1, Rewari on 19.11.2018 under Section 144/147 of the Income Tax Act, 1961 for Assessment Years 2011-12 & 2012-13. The assessee faced a delay of 214 days in filing the appeal due to being in custody from 10.09.2018 to 04.02.2019. The appeal was filed after the assessee discovered that almost Rs.1 crore was to be pai…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the cash deposit of Rs.68,38,677/- in the joint savings bank account should be considered as income that escaped assessment.