Rinku Arya vs. ITO, Ward-50(1), Kolkata

Parties Involved

Facts Summary

The appellant, Rinku Arya, filed her return of income on 8th March 2018, declaring a total income of Rs. 5,05,560. The case was picked up for limited scrutiny on two issues: large cash deposits during the demonetisation period and large cash payments made for credit card purchases. The Assessing Officer completed the assessment in the spirit of an ex-parte order due to the lack of adequate persuasion by the assessee. The appellant filed an appeal before the ITAT, Kolkata Bench, on 10th April 2024, seeking to set aside the matter before the Assessing Authority. The appellant requested the acceptance of fresh evidence, including Bank Statements and Credit Card Statements, to establish the amount of deposits into the Bank for the period 1st April 2016 to 31st March 2017.…

Legal Issues

• 1. Non-explanation and non-filing of documentary evidence to substantiate large value cash deposits during the demonetisation period and large cash payments made for credit card purchases.

Judgment Outcome

Decided in favour of Assessee.

Similar Judgements

• Dhairya Jyotish Dandwala vs The ITO, Ward-5(2)(2), Ahmedabad

  Ahmedabad bench

• Ayyanna Patrudu Geddam vs. Income Tax Officer

  Hyderabad bench

• Aunali Akbarali Rupani v/s. Dy. Commissioner of Income Tax, Circle – 4(1)(1), Range 441, Aayakar Bhavan, Mumbai

  Mumbai Bench benchAY 2012-13Allowed

• Veronica George Vs. Income Tax Officer, Ward-29(7), Delhi

• ITA No.1785/KOL/2025

  Kolkata bench

• Santosh Kumar vs. ITO, Ward-3(3), Aurangabad

  Patna bench