Sh. Kewal Krishan Kumar Vs. ACIT

Parties Involved

Facts Summary

The assessee, Sh. Kewal Krishan Kumar, has filed twin appeals against the orders passed by the Principal Commissioner of Income Tax (Appeals) and Commissioner of Income Tax (Appeals) for the assessment years 2016-17 and 2017-18. The appeals arise from the proceedings under section 143(3) of the Income-tax Act, 1961. The assessee's former appeal ITA No.1876/Del/2026 was allowed for statistical purposes due to communication gaps, and the matter was restored back to the PCIT(A) for fresh adjudication. The latter appeal ITA No.1877/Del/2026 sought to reverse the findings of the lower authorities regarding the assessment of cash deposits during the demonetization period. The tribunal allowed the latter appeal partly, making a lumpsum addition of Rs. 4 lakhs in the assessee's hands.…

Legal Issues

• 1. Communication gaps leading to the restoration of the former appeal to PCIT(A).
• 2. Assessment of cash deposits during the demonetization period.

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

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