Allowing the appeal the Tribunal held that the assessee has filed Detailed reply along with documentary evidence filed before Assessing Officer to explain source of cash deposits. Order neither erroneous nor prejudicial to the interest of revenue. (AY. 2014-15)
Sameer Gupta v. PCIT (2020)82 ITR 180 (Indore)(Trib.)
S. 263 : Commissioner-Revision of orders prejudicial to revenue-Cash deposits-Detailed reply along with documentary evidence filed before Assessing Officer to explain source of Cash deposits-Order neither erroneous nor prejudicial to the interest of revenue.