Ramdas Vishnu Markute Vs. ITO, Ward-2(2), Pune

Parties Involved

Facts Summary

The appellant, Ramdas Vishnu Markute, filed a return of income for the assessment years 2015-16 and 2016-17, declaring a total income of Rs.30,310. The case was reopened based on information about cash deposits of Rs.23,76,410 made by the appellant. Notices under sections 148 and 142(1) were issued, but the appellant did not comply. Consequently, the Assessing Officer passed a best judgment assessment, treating the cash deposits as unexplained money under section 69A. The appellant appealed to the National Faceless Appeal Centre (NFAC), which dismissed the appeal for non-prosecution. The appellant then appealed to the Income Tax Appellate Tribunal.…

Legal Issues

• 1. Whether the notices were served properly to the appellant?
• 2. Whether the NFAC passed the order without giving a reasonable opportunity to the appellant?
• 3. Whether the NFAC erred by not adjudicating the issue on merits?

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

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