This case features an appeal by Satbir Singh against the decision of the CIT(A), Rohtak, regarding the tax assessment year 2012-13, highlighting critical issues of non-compliance and unexplained financial transactions.
The appellant, Satbir Singh, faced assessments under Section 147 due to non-filing of his income return upon receiving a notice under Section 148. His continuous absence from hearings and non-compliance with procedural requirements led to the determination of a substantial undisclosed income.
Throughout the appellate timeline, which included multiple hearings across 2022 and 2023, the appellant remained non-compliant, not attending hearings or responding to notices. Despite multiple opportunities provided by the tribunal to present his case or explain the sources of the deposits in his bank accounts, the appellant failed to engage with the process.
The tribunal meticulously reviewed the bank transactions and financial records presented. The Assessing Officer and the ld. CIT(A) provided relief for certain amounts deemed justifiable, including sales of agricultural products and prior savings. However, a significant portion of the deposits remained unexplained, leading to the upholding of the CIT(A)’s decision by the tribunal.
The appeal was ultimately dismissed due to the appellant’s failure to substantiate the sources of his income and lack of cooperation in the judicial process. This case underscores the importance of compliance with tax laws and the consequences of evasion.
ITA 999/DEL/2020: Detailed Review of Non-Compliance and Financial Discrepancies
Manage the increasing number of hearings effortlessly by leveraging the legal AI revolution We are India's Leading revolutionary AI-powered legal platform where you can get enough insights into top cases and judgements.
Research Platform