Appellant: Pooja Dhiman, B 337, MIG DDA Flat, East of Loni Road, New Delhi-110093, PAN-AOMPD6593D
Respondent: ITO, Ward-59(5), Delhi
Representatives: Appellant by None; Respondent by Shri Om Parkash, Sr. DR
Date of Hearing: 21.06.2023
Date of Pronouncement: 27.06.2023
Per Kul Bharat, JM:
This appeal by the assessee, Pooja Dhiman, for the assessment year 2017-18 is directed against the order of Ld. CIT(A), National Faceless Appeal Centre (‘NFAC’), Delhi dated 22.07.2022. The main contention involves the legitimacy of a cash deposit of Rs. 4,80,000 asserted as part of the sale proceeds of business, declared under section 44AD of the Income Tax Act, alongside other incomes and savings detailed in the assessment proceedings.
2. The ground of appeal raised concerns the substantiation of cash transactions amounting to Rs. 9,33,500 as derived from past savings and income, and the remainder from business sales during the year. Notably, the assessee had shown a cash in hand of Rs. 9,82,400 as on 31.03.2016 in the balance sheet submitted during the course of the assessment proceedings.
3. Despite the proceedings, no representation was made on behalf of the assessee at the time of the hearing. Complications arose as the Registry reported defects related to the appeal fee paid by the assessee, which remained unrectified, leading to the dismissal of the appeal. However, the tribunal noted that upon rectification of these defects, the assessee might approach the Tribunal for restoration of the appeal.
4. Ultimately, the tribunal dismissed the appeal due to procedural deficiencies, emphasizing the need for compliance in judicial processes. The decision highlights the importance of maintaining accurate and timely documentation in legal appeals.
Order pronounced in the open court on 27th June 2023.
Signed,
Dr. B.R.R. Kumar, Accountant Member
Kul Bharat, Judicial Member
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