3D Tradex Pvt. Ltd. Vs ACIT
Case No: ITA No.2071/Del/2022
Court: INCOME TAX APPELLATE TRIBUNAL, DELHI BENCHES : E : NEW DELHI
Date: 3/26/2025
Parties Involved
Appellant3D Tradex Pvt. Ltd.
RespondentACIT, Central Circle-13, New Delhi
Facts Summary
The assessee, 3D Tradex Pvt. Ltd., formerly known as 3D Portfolio Private Limited, is a company registered under The Companies Act, 2013. The Assessing Officer (AO) initiated proceedings under section 153C of the Income Tax Act, 1961, following a search operation conducted on 23.07.2015 in the premises of Shri Deepak Aggarwal, Shri Mukesh Kumar, and others. The AO passed an assessment order under section 143(3) for the Assessment Year (AY) 2016-17, alleging that the assessee company was a shell …
Decision in favour of
Assessee
Legal Issues
- 1. Whether the order passed by the AO under section 143(3) is tenable or should have been passed under section 153C.
Precedents Relied Upon
5 precedents cited in this judgement.