Khirod Kumar Pattnaik, Angul vs ITO, Angul Ward, Angul

Last updated: 17 December 2020
Quick Summary
This income tax appeal concerns the assessment year 2012-2013. The assessee, Kshirod Kumar Pattnaik, argues that the Income Tax Officer (ITO) lacked jurisdiction to assess his case due to a declared income exceeding £15 lakh, citing CBDT Instruction No.1/2011. Furthermore, the assessee contests the confirmation of a £1,05,00,000 addition for unexplained fixed deposit investments, asserting that relevant documents were ignored.

Court :
ITAT Cuttack Bench

Brief :
This is an appeal filed by the assessee against the order dated 06.09.2019, passed by the CIT(A)-2, Bhubaneswar for the assessment year 2012-2013, on the following grounds of appeal :- 

Citation :
ITA No.380/CTK/2019

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