NEELABH KUMAR JHA,KATIHAR V. ITO WARD- 1 (5), KATIHAR

ITA 289/PAT/2024

AI Insights

The case involves appeals by Neelabh Kumar Jha against the orders of the Commissioner of Income Tax (Appeals)-NFAC, Delhi, for the assessment years 2012-13 and 2013-14. The primary issue was the assessment of Jha's income based on substantial cash deposits in his bank account, which he claimed did not belong to him but were related to his work as a commission agent. The AO had initially assessed Jha's income significantly higher due to non-compliance with notices, leading to these appeals. The Tribunal found merit in Jha's request for a re-assessment, emphasizing the need for a thorough investigation into the actual beneficiaries of the deposits.

• Counselvise Citation: [2025] 140 COUNSELVISE.COM (IT) 396584 (ITAT-PATNA)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-05-2025
• Appeal Filed By: Assessee
• Order Result: Partly Allowed
• Bench Allotted: DB
• Assessment Year: 2013-2014
• Result in Favour of: Partly Allowed
• Court: TRIBUNAL
• Section: 148; 142(1)

Judgement Text

"IN THE INCOME TAX APPELLATE TRIBUNAL “DB” BENCH: PATNA VIRTUAL HEARING AT KOLKATA Įी Ĥदȣप क ुमार चौबे, ÛयाǓयक सदèय एवं Įी संजय अवèथी, लेखा सटèय क े सम¢ [Before Shri Pradip Kumar Choubey, Judicial Member&Shri Sanjay Awasthi, Accountant Member] I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha (PAN: APFPJ 4590 L) Vs. ITO, Ward-1(5), Katihar, Bihar Appellant / ) अपीलाथȸ ( Respondent / Ĥ×यथȸ Date of Hearing / सुनवाई कȧ Ǔतͬथ 15.05.2025 Date of Pronouncement/ आदेश उɮघोषणा कȧ Ǔतͬथ 26.05.2025 For the assessee / Ǔनधा[ǐरती कȧ ओर से Sh. D. V. Pathy, Sr. Advocate For the revenue / राजèव कȧ ओर से Sh. Ashwani Kr. Singal. JCIT ORDER / आदेश Per Pradip Kumar Choubey, JM: These are the appeals preferred by the assessee against the separate orders of Commissioner of Income Tax (Appeal)-NFAC, Delhi (hereinafter referred to as the Ld. CIT(A)] dated 18.12.2023 & 15.12.2023 for AY 2012-13 & 2013-14 respectively. 2 I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha Since the issues are common in both the appeals, hence taken up together for disposal. We take ITA NO. 288/PAT/2024 for AY 2012-13 as a lead case. 2. It appears from the report of the registry that the appeal has been filed after a delay of 14 days for this the assessee has filed condonation petition., which are as follows- 3 I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha On perusal of the condonation petition, the reason for delay in filing the appeal seems to be genuine and bonafide. The Ld. D.R did not raise any objection in condoning the delay. Keeping in view, the condonation petition as well as judicial pronouncement that the case should be decided on merit not on technical issue, the delay is hereby condoned. 3. Brief facts of the case of the assessee is that the assessee being an individual filed its return of income for AY 2012-13 declaring total income of Rs. 4,26,240/-. It has been gathered that the assessee has a current account with ICICI Bank Ltd. and further found that higher value cash transaction in aforementioned account has been done for a period of 01.09.2011 to 30.01.2012. The enquiry made by Investigation Wing, Bihar, ITO, Ward-1(5), Katihar, a notice u/s 148 was issued and duly served upon the assessee, in response to the assessee filed return of income, subsequently statutory notices and final 4 I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha particulars along with draft order with a notice u/s 142(1) was issued to the assessee but there was no compliance as a result of which the assessment order was passed thereby assessed the income to the assessee at Rs. 1,93,21,750/-. 4. Aggrieved by the said order, the assessee preferred an appeal before the Ld. CIT(A) wherein the appeal of the assessee has been dismissed. Being aggrieved and dissatisfied the assessee preferred an appeal before us. 5. The Ld. Counsel appeared on behalf of the assessee instead of arguing into the merit of the case has only prayed that the appeal of the assessee be restored to the file of AO for fresh adjudication as there was non-compliance by the assessee before the AO. The Ld. AR further submits that the cash deposit in the bank account in fact does not belongs to the assessee and the AO did not take any efforts to trace out the real beneficiaries. The Ld. A.R further submits that the assessee was a commission agent. The prayer of the Ld. A.R is that the appeal of the assessee be restored to the file of AO for fresh enquiries. 6 The Ld. D.R supports the impugned order. 7. We have perused the order passed by the AO as well as Ld. CIT(A). It admits of no doubt that at the time of assessment there was non-compliance on behalf of the assessee for which AO assessed the income by calculating @ 5% of the deposit on the bank account. Before the Ld. CIT(A), the Ld. A.R submitted written submission and there was a contention that cash deposit in the bank account does not belong to assessee. It is a fact that the assessee was a commission agent and entirety of the deposit was transferred to different bank account through banking channels and a notice be issued to the bank and concerned beneficiary in whose account, moneys were transferred. 8. Keeping in view, the above facts and submission made by the assessee, we are inclined to restore the appeal to the file of AO to pass a afresh order after making proper enquiry to the contention made by the assessee. 5 I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha In the result, both the appeals filed by the assessee are allowed for statistical purposes. Order is pronounced in the open court on 26th May, 2025 Sd/- Sd/- (Sanjay Awasthi /संजय अवèथी) (Pradip Kumar Choubey /Ĥदȣप क ुमार चौबे) Accountant Member/लेखा सदèय Judicial Member/ÛयाǓयक सदèय Dated: 26th May, 2025 SM, Sr. PS Copy of the order forwarded to: 1. Appellant- Neelabh Kumar Jha, Prabhat Nagar, D. S. College Road, Katihar- 854105 2. Respondent – ITO, Ward- 1(5), Katihar, Bihar 3. Ld. CIT(A)- NFAC, Delhi 4. Ld. Pr. CIT- , Patna 5. DR, Patna Bench, Patna True Copy By Order Assistant Registrar /Sr. Private Secretary ITAT, Patna Bench, Patna IN THE INCOME TAX APPELLATE TRIBUNAL “DB” BENCH: PATNA VIRTUAL HEARING AT KOLKATA Įी Ĥदȣप क ुमार चौबे, ÛयाǓयक सदèय एवं Įी संजय अवèथी, लेखा सटèय क े सम¢ [Before Shri Pradip Kumar Choubey, Judicial Member&Shri Sanjay Awasthi, Accountant Member] I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha (PAN: APFPJ 4590 L) Vs. ITO, Ward-1(5), Katihar, Bihar Appellant / ) अपीलाथȸ ( Respondent / Ĥ×यथȸ Date of Hearing / सुनवाई कȧ Ǔतͬथ 15.05.2025 Date of Pronouncement/ आदेश उɮघोषणा कȧ Ǔतͬथ 26.05.2025 For the assessee / Ǔनधा[ǐरती कȧ ओर से Sh. D. V. Pathy, Sr. Advocate For the revenue / राजèव कȧ ओर से Sh. Ashwani Kr. Singal. JCIT ORDER / आदेश Per Pradip Kumar Choubey, JM: These are the appeals preferred by the assessee against the separate orders of Commissioner of Income Tax (Appeal)-NFAC, Delhi (hereinafter referred to as the Ld. CIT(A)] dated 18.12.2023 & 15.12.2023 for AY 2012-13 & 2013-14 respectively. 2 I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha Since the issues are common in both the appeals, hence taken up together for disposal. We take ITA NO. 288/PAT/2024 for AY 2012-13 as a lead case. 2. It appears from the report of the registry that the appeal has been filed after a delay of 14 days for this the assessee has filed condonation petition., which are as follows- 3 I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha On perusal of the condonation petition, the reason for delay in filing the appeal seems to be genuine and bonafide. The Ld. D.R did not raise any objection in condoning the delay. Keeping in view, the condonation petition as well as judicial pronouncement that the case should be decided on merit not on technical issue, the delay is hereby condoned. 3. Brief facts of the case of the assessee is that the assessee being an individual filed its return of income for AY 2012-13 declaring total income of Rs. 4,26,240/-. It has been gathered that the assessee has a current account with ICICI Bank Ltd. and further found that higher value cash transaction in aforementioned account has been done for a period of 01.09.2011 to 30.01.2012. The enquiry made by Investigation Wing, Bihar, ITO, Ward-1(5), Katihar, a notice u/s 148 was issued and duly served upon the assessee, in response to the assessee filed return of income, subsequently statutory notices and final 4 I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha particulars along with draft order with a notice u/s 142(1) was issued to the assessee but there was no compliance as a result of which the assessment order was passed thereby assessed the income to the assessee at Rs. 1,93,21,750/-. 4. Aggrieved by the said order, the assessee preferred an appeal before the Ld. CIT(A) wherein the appeal of the assessee has been dismissed. Being aggrieved and dissatisfied the assessee preferred an appeal before us. 5. The Ld. Counsel appeared on behalf of the assessee instead of arguing into the merit of the case has only prayed that the appeal of the assessee be restored to the file of AO for fresh adjudication as there was non-compliance by the assessee before the AO. The Ld. AR further submits that the cash deposit in the bank account in fact does not belongs to the assessee and the AO did not take any efforts to trace out the real beneficiaries. The Ld. A.R further submits that the assessee was a commission agent. The prayer of the Ld. A.R is that the appeal of the assessee be restored to the file of AO for fresh enquiries. 6 The Ld. D.R supports the impugned order. 7. We have perused the order passed by the AO as well as Ld. CIT(A). It admits of no doubt that at the time of assessment there was non-compliance on behalf of the assessee for which AO assessed the income by calculating @ 5% of the deposit on the bank account. Before the Ld. CIT(A), the Ld. A.R submitted written submission and there was a contention that cash deposit in the bank account does not belong to assessee. It is a fact that the assessee was a commission agent and entirety of the deposit was transferred to different bank account through banking channels and a notice be issued to the bank and concerned beneficiary in whose account, moneys were transferred. 8. Keeping in view, the above facts and submission made by the assessee, we are inclined to restore the appeal to the file of AO to pass a afresh order after making proper enquiry to the contention made by the assessee. 5 I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha In the result, both the appeals filed by the assessee are allowed for statistical purposes. Order is pronounced in the open court on 26th May, 2025 Sd/- Sd/- (Sanjay Awasthi /संजय अवèथी) (Pradip Kumar Choubey /Ĥदȣप क ुमार चौबे) Accountant Member/लेखा सदèय Judicial Member/ÛयाǓयक सदèय Dated: 26th May, 2025 SM, Sr. PS Copy of the order forwarded to: 1. Appellant- Neelabh Kumar Jha, Prabhat Nagar, D. S. College Road, Katihar- 854105 2. Respondent – ITO, Ward- 1(5), Katihar, Bihar 3. Ld. CIT(A)- NFAC, Delhi 4. Ld. Pr. CIT- , Patna 5. DR, Patna Bench, Patna True Copy By Order Assistant Registrar /Sr. Private Secretary ITAT, Patna Bench, Patna IN THE INCOME TAX APPELLATE TRIBUNAL “DB” BENCH: PATNA VIRTUAL HEARING AT KOLKATA Įी Ĥदȣप क ुमार चौबे, ÛयाǓयक सदèय एवं Įी संजय अवèथी, लेखा सटèय क े सम¢ [Before Shri Pradip Kumar Choubey, Judicial Member&Shri Sanjay Awasthi, Accountant Member] I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha (PAN: APFPJ 4590 L) Vs. ITO, Ward-1(5), Katihar, Bihar Appellant / ) अपीलाथȸ ( Respondent / Ĥ×यथȸ Date of Hearing / सुनवाई कȧ Ǔतͬथ 15.05.2025 Date of Pronouncement/ आदेश उɮघोषणा कȧ Ǔतͬथ 26.05.2025 For the assessee / Ǔनधा[ǐरती कȧ ओर से Sh. D. V. Pathy, Sr. Advocate For the revenue / राजèव कȧ ओर से Sh. Ashwani Kr. Singal. JCIT ORDER / आदेश Per Pradip Kumar Choubey, JM: These are the appeals preferred by the assessee against the separate orders of Commissioner of Income Tax (Appeal)-NFAC, Delhi (hereinafter referred to as the Ld. CIT(A)] dated 18.12.2023 & 15.12.2023 for AY 2012-13 & 2013-14 respectively. 2 I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha Since the issues are common in both the appeals, hence taken up together for disposal. We take ITA NO. 288/PAT/2024 for AY 2012-13 as a lead case. 2. It appears from the report of the registry that the appeal has been filed after a delay of 14 days for this the assessee has filed condonation petition., which are as follows- 3 I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha On perusal of the condonation petition, the reason for delay in filing the appeal seems to be genuine and bonafide. The Ld. D.R did not raise any objection in condoning the delay. Keeping in view, the condonation petition as well as judicial pronouncement that the case should be decided on merit not on technical issue, the delay is hereby condoned. 3. Brief facts of the case of the assessee is that the assessee being an individual filed its return of income for AY 2012-13 declaring total income of Rs. 4,26,240/-. It has been gathered that the assessee has a current account with ICICI Bank Ltd. and further found that higher value cash transaction in aforementioned account has been done for a period of 01.09.2011 to 30.01.2012. The enquiry made by Investigation Wing, Bihar, ITO, Ward-1(5), Katihar, a notice u/s 148 was issued and duly served upon the assessee, in response to the assessee filed return of income, subsequently statutory notices and final 4 I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha particulars along with draft order with a notice u/s 142(1) was issued to the assessee but there was no compliance as a result of which the assessment order was passed thereby assessed the income to the assessee at Rs. 1,93,21,750/-. 4. Aggrieved by the said order, the assessee preferred an appeal before the Ld. CIT(A) wherein the appeal of the assessee has been dismissed. Being aggrieved and dissatisfied the assessee preferred an appeal before us. 5. The Ld. Counsel appeared on behalf of the assessee instead of arguing into the merit of the case has only prayed that the appeal of the assessee be restored to the file of AO for fresh adjudication as there was non-compliance by the assessee before the AO. The Ld. AR further submits that the cash deposit in the bank account in fact does not belongs to the assessee and the AO did not take any efforts to trace out the real beneficiaries. The Ld. A.R further submits that the assessee was a commission agent. The prayer of the Ld. A.R is that the appeal of the assessee be restored to the file of AO for fresh enquiries. 6 The Ld. D.R supports the impugned order. 7. We have perused the order passed by the AO as well as Ld. CIT(A). It admits of no doubt that at the time of assessment there was non-compliance on behalf of the assessee for which AO assessed the income by calculating @ 5% of the deposit on the bank account. Before the Ld. CIT(A), the Ld. A.R submitted written submission and there was a contention that cash deposit in the bank account does not belong to assessee. It is a fact that the assessee was a commission agent and entirety of the deposit was transferred to different bank account through banking channels and a notice be issued to the bank and concerned beneficiary in whose account, moneys were transferred. 8. Keeping in view, the above facts and submission made by the assessee, we are inclined to restore the appeal to the file of AO to pass a afresh order after making proper enquiry to the contention made by the assessee. 5 I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha In the result, both the appeals filed by the assessee are allowed for statistical purposes. Order is pronounced in the open court on 26th May, 2025 Sd/- Sd/- (Sanjay Awasthi /संजय अवèथी) (Pradip Kumar Choubey /Ĥदȣप क ुमार चौबे) Accountant Member/लेखा सदèय Judicial Member/ÛयाǓयक सदèय Dated: 26th May, 2025 SM, Sr. PS Copy of the order forwarded to: 1. Appellant- Neelabh Kumar Jha, Prabhat Nagar, D. S. College Road, Katihar- 854105 2. Respondent – ITO, Ward- 1(5), Katihar, Bihar 3. Ld. CIT(A)- NFAC, Delhi 4. Ld. Pr. CIT- , Patna 5. DR, Patna Bench, Patna True Copy By Order Assistant Registrar /Sr. Private Secretary ITAT, Patna Bench, Patna IN THE INCOME TAX APPELLATE TRIBUNAL “DB” BENCH: PATNA VIRTUAL HEARING AT KOLKATA Įी Ĥदȣप क ुमार चौबे, ÛयाǓयक सदèय एवं Įी संजय अवèथी, लेखा सटèय क े सम¢ [Before Shri Pradip Kumar Choubey, Judicial Member&Shri Sanjay Awasthi, Accountant Member] I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha (PAN: APFPJ 4590 L) Vs. ITO, Ward-1(5), Katihar, Bihar Appellant / ) अपीलाथȸ ( Respondent / Ĥ×यथȸ Date of Hearing / सुनवाई कȧ Ǔतͬथ 15.05.2025 Date of Pronouncement/ आदेश उɮघोषणा कȧ Ǔतͬथ 26.05.2025 For the assessee / Ǔनधा[ǐरती कȧ ओर से Sh. D. V. Pathy, Sr. Advocate For the revenue / राजèव कȧ ओर से Sh. Ashwani Kr. Singal. JCIT ORDER / आदेश Per Pradip Kumar Choubey, JM: These are the appeals preferred by the assessee against the separate orders of Commissioner of Income Tax (Appeal)-NFAC, Delhi (hereinafter referred to as the Ld. CIT(A)] dated 18.12.2023 & 15.12.2023 for AY 2012-13 & 2013-14 respectively. 2 I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha Since the issues are common in both the appeals, hence taken up together for disposal. We take ITA NO. 288/PAT/2024 for AY 2012-13 as a lead case. 2. It appears from the report of the registry that the appeal has been filed after a delay of 14 days for this the assessee has filed condonation petition., which are as follows- 3 I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha On perusal of the condonation petition, the reason for delay in filing the appeal seems to be genuine and bonafide. The Ld. D.R did not raise any objection in condoning the delay. Keeping in view, the condonation petition as well as judicial pronouncement that the case should be decided on merit not on technical issue, the delay is hereby condoned. 3. Brief facts of the case of the assessee is that the assessee being an individual filed its return of income for AY 2012-13 declaring total income of Rs. 4,26,240/-. It has been gathered that the assessee has a current account with ICICI Bank Ltd. and further found that higher value cash transaction in aforementioned account has been done for a period of 01.09.2011 to 30.01.2012. The enquiry made by Investigation Wing, Bihar, ITO, Ward-1(5), Katihar, a notice u/s 148 was issued and duly served upon the assessee, in response to the assessee filed return of income, subsequently statutory notices and final 4 I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha particulars along with draft order with a notice u/s 142(1) was issued to the assessee but there was no compliance as a result of which the assessment order was passed thereby assessed the income to the assessee at Rs. 1,93,21,750/-. 4. Aggrieved by the said order, the assessee preferred an appeal before the Ld. CIT(A) wherein the appeal of the assessee has been dismissed. Being aggrieved and dissatisfied the assessee preferred an appeal before us. 5. The Ld. Counsel appeared on behalf of the assessee instead of arguing into the merit of the case has only prayed that the appeal of the assessee be restored to the file of AO for fresh adjudication as there was non-compliance by the assessee before the AO. The Ld. AR further submits that the cash deposit in the bank account in fact does not belongs to the assessee and the AO did not take any efforts to trace out the real beneficiaries. The Ld. A.R further submits that the assessee was a commission agent. The prayer of the Ld. A.R is that the appeal of the assessee be restored to the file of AO for fresh enquiries. 6 The Ld. D.R supports the impugned order. 7. We have perused the order passed by the AO as well as Ld. CIT(A). It admits of no doubt that at the time of assessment there was non-compliance on behalf of the assessee for which AO assessed the income by calculating @ 5% of the deposit on the bank account. Before the Ld. CIT(A), the Ld. A.R submitted written submission and there was a contention that cash deposit in the bank account does not belong to assessee. It is a fact that the assessee was a commission agent and entirety of the deposit was transferred to different bank account through banking channels and a notice be issued to the bank and concerned beneficiary in whose account, moneys were transferred. 8. Keeping in view, the above facts and submission made by the assessee, we are inclined to restore the appeal to the file of AO to pass a afresh order after making proper enquiry to the contention made by the assessee. 5 I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha In the result, both the appeals filed by the assessee are allowed for statistical purposes. Order is pronounced in the open court on 26th May, 2025 Sd/- Sd/- (Sanjay Awasthi /संजय अवèथी) (Pradip Kumar Choubey /Ĥदȣप क ुमार चौबे) Accountant Member/लेखा सदèय Judicial Member/ÛयाǓयक सदèय Dated: 26th May, 2025 SM, Sr. PS Copy of the order forwarded to: 1. Appellant- Neelabh Kumar Jha, Prabhat Nagar, D. S. College Road, Katihar- 854105 2. Respondent – ITO, Ward- 1(5), Katihar, Bihar 3. Ld. CIT(A)- NFAC, Delhi 4. Ld. Pr. CIT- , Patna 5. DR, Patna Bench, Patna True Copy By Order Assistant Registrar /Sr. Private Secretary ITAT, Patna Bench, Patna IN THE INCOME TAX APPELLATE TRIBUNAL “DB” BENCH: PATNA VIRTUAL HEARING AT KOLKATA Įी Ĥदȣप क ुमार चौबे, ÛयाǓयक सदèय एवं Įी संजय अवèथी, लेखा सटèय क े सम¢ [Before Shri Pradip Kumar Choubey, Judicial Member&Shri Sanjay Awasthi, Accountant Member] I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha (PAN: APFPJ 4590 L) Vs. ITO, Ward-1(5), Katihar, Bihar Appellant / ) अपीलाथȸ ( Respondent / Ĥ×यथȸ Date of Hearing / सुनवाई कȧ Ǔतͬथ 15.05.2025 Date of Pronouncement/ आदेश उɮघोषणा कȧ Ǔतͬथ 26.05.2025 For the assessee / Ǔनधा[ǐरती कȧ ओर से Sh. D. V. Pathy, Sr. Advocate For the revenue / राजèव कȧ ओर से Sh. Ashwani Kr. Singal. JCIT ORDER / आदेश Per Pradip Kumar Choubey, JM: These are the appeals preferred by the assessee against the separate orders of Commissioner of Income Tax (Appeal)-NFAC, Delhi (hereinafter referred to as the Ld. CIT(A)] dated 18.12.2023 & 15.12.2023 for AY 2012-13 & 2013-14 respectively. 2 I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha Since the issues are common in both the appeals, hence taken up together for disposal. We take ITA NO. 288/PAT/2024 for AY 2012-13 as a lead case. 2. It appears from the report of the registry that the appeal has been filed after a delay of 14 days for this the assessee has filed condonation petition., which are as follows- 3 I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha On perusal of the condonation petition, the reason for delay in filing the appeal seems to be genuine and bonafide. The Ld. D.R did not raise any objection in condoning the delay. Keeping in view, the condonation petition as well as judicial pronouncement that the case should be decided on merit not on technical issue, the delay is hereby condoned. 3. Brief facts of the case of the assessee is that the assessee being an individual filed its return of income for AY 2012-13 declaring total income of Rs. 4,26,240/-. It has been gathered that the assessee has a current account with ICICI Bank Ltd. and further found that higher value cash transaction in aforementioned account has been done for a period of 01.09.2011 to 30.01.2012. The enquiry made by Investigation Wing, Bihar, ITO, Ward-1(5), Katihar, a notice u/s 148 was issued and duly served upon the assessee, in response to the assessee filed return of income, subsequently statutory notices and final 4 I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha particulars along with draft order with a notice u/s 142(1) was issued to the assessee but there was no compliance as a result of which the assessment order was passed thereby assessed the income to the assessee at Rs. 1,93,21,750/-. 4. Aggrieved by the said order, the assessee preferred an appeal before the Ld. CIT(A) wherein the appeal of the assessee has been dismissed. Being aggrieved and dissatisfied the assessee preferred an appeal before us. 5. The Ld. Counsel appeared on behalf of the assessee instead of arguing into the merit of the case has only prayed that the appeal of the assessee be restored to the file of AO for fresh adjudication as there was non-compliance by the assessee before the AO. The Ld. AR further submits that the cash deposit in the bank account in fact does not belongs to the assessee and the AO did not take any efforts to trace out the real beneficiaries. The Ld. A.R further submits that the assessee was a commission agent. The prayer of the Ld. A.R is that the appeal of the assessee be restored to the file of AO for fresh enquiries. 6 The Ld. D.R supports the impugned order. 7. We have perused the order passed by the AO as well as Ld. CIT(A). It admits of no doubt that at the time of assessment there was non-compliance on behalf of the assessee for which AO assessed the income by calculating @ 5% of the deposit on the bank account. Before the Ld. CIT(A), the Ld. A.R submitted written submission and there was a contention that cash deposit in the bank account does not belong to assessee. It is a fact that the assessee was a commission agent and entirety of the deposit was transferred to different bank account through banking channels and a notice be issued to the bank and concerned beneficiary in whose account, moneys were transferred. 8. Keeping in view, the above facts and submission made by the assessee, we are inclined to restore the appeal to the file of AO to pass a afresh order after making proper enquiry to the contention made by the assessee. 5 I.T.A. Nos. 288 & 289/Pat/2024 Assessment Years: 2012-13 & 2013-14 Neelabh Kumar Jha In the result, both the appeals filed by the assessee are allowed for statistical purposes. Order is pronounced in the open court on 26th May, 2025 Sd/- Sd/- (Sanjay Awasthi /संजय अवèथी) (Pradip Kumar Choubey /Ĥदȣप क ुमार चौबे) Accountant Member/लेखा सदèय Judicial Member/ÛयाǓयक सदèय Dated: 26th May, 2025 SM, Sr. PS Copy of the order forwarded to: 1. Appellant- Neelabh Kumar Jha, Prabhat Nagar, D. S. College Road, Katihar- 854105 2. Respondent – ITO, Ward- 1(5), Katihar, Bihar 3. Ld. CIT(A)- NFAC, Delhi 4. Ld. Pr. CIT- , Patna 5. DR, Patna Bench, Patna True Copy By Order Assistant Registrar /Sr. Private Secretary ITAT, Patna Bench, Patna "