Assistant Commissioner of Income Tax vs. Karma Kitchen & Bar Pvt. Ltd.
Case No: ITA Nos. 5179, 4167 & 4168/Del/2025, ITA No. 3309/Del/2025, CO Nos. 246 & 247/Del/2025
Court: Income Tax Appellate Tribunal, Delhi Bench 'E', New Delhi
Bench: Delhi Bench 'E', New Delhi
Date: 2/18/2026
Parties Involved
appellantAssistant Commissioner of Income Tax
respondentKarma Kitchen & Bar Pvt. Ltd.
Facts Summary
The assessee company, M/s. Karma Kitchen & Bar Pvt. Ltd., was registered in August 2015 and commenced operations in November 2015. A search was conducted at the premises of Nagpal Group on 10.01.2018, where documents related to the assessee were found. A subsequent search and survey were conducted at the assessee's head office, leading to the seizure of several documents. A fire on 09.01.2019 destroyed many records, complicating the assessment process. The Assessing Officer made several addition…
Decision in favour of
Assessee
Legal Issues
- 1. Addition under Section 69A of the Income Tax Act, 1961
- 2. Addition under Section 69C of the Income Tax Act, 1961
4 more legal issues analysed in this judgement.
Precedents Relied Upon
12 precedents cited in this judgement.