, , आयकर अपीलीय अिधकरण इंदौर (cid:586)ायपीठ इंदौर IN THE INCOME TAX APPELLATE TRIBUNAL INDORE BENCH, INDORE BEFORE SHRI B.M. BIYANI, ACCOUNTANT MEMBER AND SHRI DINESH MOHAN SINHA, JUDICIAL MEMBER ITA No.38/Ind/2024 Assessment Year:2017-18 Sanjeev Agrawal ACIT/DCIT, Central-2 House No. E-2/134, Bhopal Arera Colony, बनाम/

Bhopal Vs.

(Assessee/Appellant) (Revenue/Respondent)

PAN: ADHPA8387N Assessee by Shri Sumit Nema, Sr. Adv. with Shri Gagan Tiwari, Adv.

Revenue by Shri Ram Kumar Yadav, CIT-DR Date of Hearing 17.12.2024 Date of Pronouncement 21.02.2025 आदेश / O R D E R Per B.M. Biyani, AM:

Feeling aggrieved by order of first-appeal dated 30.11.2023 passed by learned Commissioner of Income-tax (Appeals)-3, Bhopal [“CIT(A)”] which in turn arises out of assessment-order dated 26.09.2021 passed by DCIT, Central-2, Bhopal [“AO”] u/s 147 of the Income-tax Act, 1961 [“the Act”] for assessment-year [“AY”] 2017-18, the assessee has filed this appeal.

2. The background facts leading to present appeal are such that the assessee-individual filed original return of AY 2017-18 u/s 139(1) on 31.10.2017 declaring a total income of Rs. 1,08,34,890/-. Prior to that, a survey u/s 133A was conducted upon ass