The Assessing Officer made addition under section 69 as regards cash deposited in the books of account. The assessee challenged the said order by filing writ petition. Dismissing the petition the Court held that the assesseee did not submit return of his income nor submitted any computation of income, P&L a/c, balance-sheet or bank statements. Considering the said response the assessment order was finalised assessing unexplained cash deposits under s. 69A and profit from business and profession. Assessee also filed appeal before the CIT(A) which came to be dismissed. There is absolutely no ground to entertain the writ petition when the assessee has remedy of filing further appeal before the Tribunal under the provisions of the Act. Accordingly the writ is dismissed. (AY. 2017-18)
Sayed Muhammed M. v. CIT (A) (2024) 339 CTR 230 (Ker.)(HC)
S. 143(3): Assessment-Alternative remedy-General explanation-Writ petition is dismissed. [S.69A, 142(1), 250,254(1), Art. 226]
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