Back
INCOME TAX APPELLATE TRIBUNAL (CUTTACK BENCH)
DUVVURU RL REDDY, VP, RAKESH MISHRA, AM
Hrudananda Subudhi – Appellant
Versus
ITO, Ward-Khurda, Bhubaneswar – Respondent
| Table of Content |
|---|
| 1. assessment errors due to misinterpretation of bank transactions. (Para 1 , 2) |
| 2. court's observation on the treatment of financial reports. (Para 3) |
| 3. final decision on the appeal's dismissive nature. (Para 4 , 5 , 6) |
आयकर अपीलीय अधिकरण, कटक IN THE INCOME TAX APPELLATE TRIBUNAL CUTTACK BENCH CUTTACK BEFORE SHRI DUVVURU RL REDDY, VICE PRESIDENT AND SHRI RAKESH MISHRA, ACCOUNTANT MEMBER (THROUGH VIRTUAL HEARING AT KOLKATA )
No.200/CTK/2025 आयकर अपील सं/ITA ( नििाारण वर् ा / Assessment Year : 2017-2018)
Vs ITO, Ward-Khurda, Bhubaneswar Hrudananda Subudhi Ratnapur Sahi, Rajsunakhala, Ranpur, Nayagarh-752065
PAN No. :CXEPS 4581 F
.. (अपीला्वी /Appellant) (्ቚत्य्वी / Respondent)
आदेश / O R D E R Per Duvvuru RL Reddy, Vice President The present appeal is directed at the instance of assessee against the order of ld. Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi dated 05.03.2024 passed for Assessment Year 2017-18, on the following grounds of appeal :-
1. Erroneous Assumption of Turnover:
The AO has incorrectly treated all bank deposits as sales, without considering the nature of transactions, including cash wit
An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers
Please visit our Training & Support
Center or Contact Us for assistance
Scan Me!
India’s Legal research and Law Firm App, Download now!
For Daily Legal Updates, Join us on :
Back to top
