Vinod Brijmohandas Agrawal Vs. DCIT, Circle – 1 (1)(1), Ahmedabad

Parties Involved

Facts Summary

The assessee, Vinod Brijmohandas Agrawal, filed an appeal against the order dated 12.01.2024 passed by the CIT(A), National Faceless Appeal Centre (NFAC), Delhi for the Assessment Year 2017-18. The assessee raised several grounds of appeal, including the CIT(A) passing an ex-parte order, rejecting the objection to the reason to believe for initiation of scrutiny, confirming the addition made by the Assessing Officer, and confirming the addition of unexplained cash credit. The assessee filed his return of income on 05.08.2017 declaring total income of Rs.10,93,180/-. Notice under Section 148 of the Income Tax Act, 1961 was issued on 31.03.2021 for reopening assessment. The Assessing Officer added Rs.86,50,000/- as unexplained cash credit under Section 68 of the Act. The CIT(A) dismissed the assessee's appeal.…

Legal Issues

• 1. The CIT(A) passed an ex-parte order.
• 2. The CIT(A) rejected the objection to the reason to believe for initiation of scrutiny.
• 3. The CIT(A) confirmed the addition made by the Assessing Officer.
• 4. The CIT(A) confirmed the addition of unexplained cash credit.

Judgment Outcome

Decided in favour of Assessee.

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