Ahmed Ali Riyaz Ahmed Choudhary Vs. ITO 20(1)(1), Mumbai
Case No: ITA No. 7634/MUM/2025
Court: Income Tax Appellate Tribunal, ‘A‘ Bench Mumbai
Date: 1/30/2026
Parties Involved
AppellantAhmed Ali Riyaz Ahmed Choudhary
RespondentITO 20(1)(1), Mumbai
Facts Summary
The Revenue has filed an appeal against the order dated 18.09.2025 passed by the National Faceless Appeal Centre, Delhi, arising from a reassessment under section 143(3) read with section 147 of the Income-tax Act, 1961 for Assessment Year 2011-12. The Revenue's grievance is against the Commissioner (Appeals) estimating the profit at 12% on total cash deposits of Rs.1,01,29,887/-, instead of sustaining the addition made by the Assessing Officer. The resultant tax effect is Rs.27,52,000/-, below …
Decision in favour of
Revenue
Legal Issues
- 1. Whether the appeal filed by the Revenue is maintainable despite the low tax effect.
Precedents Relied Upon
2 precedents cited in this judgement.