AdvertisementSonam Tshering Bhutia Vs ITO (ITAT Kolkata) The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) heard the assessee’s appeal against the order of the National Faceless Appeal Centre (NFAC) for Assessment Year 2017-18. At the outset, the Tribunal condoned a delay of 100 days in filing the appeal after finding sufficient cause in the affidavit submitted by the assessee. The assessee, a resident individual, was selected under Operation Clean Money (OCM) because cash deposits of ₹17,85,000 had been made in the bank account during the demonetisation period and no return of income h...