Case Number: ITA 2167/DEL/2022
Appellant: Nizam Ahmed
Respondent: ITO, Ward- 2 (1), Haryana
Assessment Year: 2012-13
Date Filed: September 5, 2022
Order Type: Final Tribunal Order
Date of Order: October 12, 2022
Pronounced on: October 12, 2022
The appeal by Nizam Ahmed was against the order of the National Faceless Appeal Centre (NFAC) dated July 6, 2022, for the assessment year 2012-13. The primary grievance involved the addition of Rs. 16,99,430 as unexplained money under section 69 of the Income Tax Act, which the appellant contended was received from the sale of agricultural land and was incorrectly deemed non-genuine by the AO. Despite the explanations provided, the First Appellate Authority upheld the addition due to the timing of cash deposits relative to the execution of a General Power of Attorney (GPA) and the lack of supporting documentation like a sale deed, which was critical to substantiating the claim.
Nizam Ahmed vs. ITO, Ward 2(1), Haryana – IT Appeal for AY 2012-13
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