ACIT, Circle-7(1), Delhi vs. Eberspaecher Suetrak Bus Climate Control Systems India P. Ltd.
Case No: ITA No.3665/DEL/2025
Court: Income Tax Appellate Tribunal, Delhi Bench
Bench: Delhi Bench
Date: 2/12/2026
Parties Involved
appellantACIT, Circle-7(1), Delhi
respondentEberspaecher Suetrak Bus Climate Control Systems India P. Ltd.
Facts Summary
The assessee filed its return of income declaring a loss, which was selected for scrutiny. Notices were issued but remained unserved. The Assessing Officer completed the assessment by making substantial additions and disallowances. The assessee appealed before the NFAC, which allowed the appeal on various grounds after considering additional evidences.…
Decision in favour of
Assessee
Legal Issues
- 1. Disallowance of share capital under Section 68
- 2. Disallowance of trade creditors under Section 68
4 more legal issues analysed in this judgement.