O R D E R

PER SIDDHARTHA NAUTIYAL - JUDICIAL MEMBER: This appeal has been filed by the Assessee against the order passed by the Ld. Commissioner of Income Tax (Appeals), (in short “Ld. CIT(A)”), National Faceless Appeal Centre (in short “NFAC”), Delhi vide order dated 30.04.2024 passed for A.Y. 2017-18.

2. The assessee has raised the following grounds of appeal:

“1.1 That the ld. CIT(A) has erred in confirming the addition of Rs. 1,01,94,386/- made by the assessing officer in respect of cash deposited during demonetization period.

1.2 That the various reasons advanced by ld. CIT(A) in upholding the additions are contrary to the facts of the case and evidence on record.

1.3 The appellant respectfully submits that he has deposited cash out of cash sales and all the evidences have been filed by the appellant. Therefore, no addition can be made for Rs. 1,01,94,386/- and in particular when the source of cash deposited is out of sales which is already shown in income, the addition of Rs.

1,01,94,386/- cannot be made on the facts of the case.

1.4 The l