Assistant Commissioner of Income Tax, CC-30, Room No.320, 3rd Floor, ARA Centre, Jhandewalan Extension, New Delhi-110055 Vs E-Homes Infrastructure Private Limited, DASNA Annexe I ECE House, 28A, Connaught Place, S.O. Central Delhi, New Delhi-110001

Parties Involved

Facts Summary

The Revenue has raised several grounds of appeal against the order of the learned Commissioner of Income Tax (Appeals)-30, New Delhi, which allowed the assessee's appeal and deleted certain additions made by the Assessing Officer. The assessee has also filed a cross-objection challenging the validity of the satisfaction note and the assessment order. The main contentions revolve around the validity of the satisfaction note, the deletion of additions, and the admissibility of electronic evidence.…

Legal Issues

• 1. Validity of the satisfaction note drawn by the Assessing Officer.
• 2. Deletion of additions made by the Assessing Officer.
• 3. Receipt of cash in lieu of booking of flats and return of the amount to applicants.
• 4. Cancellation of booking of flats through Sh. Praveen Jain and return of the amount to applicants.
• 5. Validity of the certificate issued under Section 65B of the Indian Evidence Act, 1872.

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

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