Jay Singh vs. ITO, Ward-1, Morena

Parties Involved

Facts Summary

The appeal in ITA No. 117/AGR/2025 for Assessment Year 2010-11 arises from the order of the National Faceless Appeal Centre (NFAC), Delhi dated 26.12.2024 against the order of assessment passed by the Assessing Officer, ITO-1, Morena dated 27.11.2017. The assessee, Jay Singh, an agriculturalist, had made cash deposits of Rs 22,01,000/- in his bank account. Since no income tax return was filed, the Assessing Officer issued a notice under section 148 of the Income-tax Act, 1961 on 29-03-2017, which was served on 05-04-2017. The assessee, being uneducated and unfamiliar with computers and the income tax portal, failed to comply with the notices, leading to the framing of an assessment under section 144 read with section 147 of the Act on 27-11-2017. The NFAC upheld the addition of Rs 22,01,000/- on account of cash deposits made in the bank account as unexplained money under section 69A of the Act. The assessee appealed to the Income Tax Appellate Tribunal, which remanded the matter back to the NFAC for a fresh decision. Ignoring the Tribunal's directions, the NFAC dismissed the appeal on 26.12.2024.…

Legal Issues

• 1. Whether the NFAC was justified in confirming the addition made in the sum of Rs 22,01,000/- on account of cash deposits made in the bank account.

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

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