Failure of Lower Authorities to Consider Assessee’s Evidence on Bank Deposits: ITAT Remands Case to CIT(A) [Read Order]

Despite submitting bank statements, Form 16, and cash withdrawal details, the AO made the addition without verifying the evidence
ITAT - ITAT Ahmedabad - ITAT Remands Case - ITAT Remands Case to CIT(A) - CIT(A) - Bank Deposits - Assessee's Evidence - taxscan

The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) remanded the case to the Commissioner of Income Tax(Appeals) [CIT(A)] for fresh adjudication after finding that the lower authorities failed to adequately consider the evidence provided by the assessee regarding bank deposits. Faeza Nisarahmed Soniwala,appellant-assessee, appealed against the addition of ₹16,28,500 as unexplained money…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here
taxscan-loader