Balaram Nama Gaikwad vs IIO, Ward – 3(1), Kalyan
Case No: ITA No. 5128/MUM/2025 & ITA No. 5129/MUM/2025
Court: INCOME TAX APPELLATE TRIBUNAL, “B” BENCH, MUMBAI
Date: 1/19/2026
Parties Involved
appellant/assesseeBalaram Nama Gaikwad
respondent/revenueIIO, Ward – 3(1), Kalyan
Facts Summary
These two appeals by assessee, Balaram Nama Gaikwad, are directed against the separate orders of the learned Commissioner of Income Tax (Appeals) [CIT(A)] both dated 26.06.2025 for Assessment years (AY) 2014-15 & 2016-17 respectively. The assessee has raised several grounds of appeal, including the dismissal of the appeal without proper appreciation of facts, issuance of Notice U/s 148 without recorded reasons, and additions made under sections 69 and 69A of unexplained money and investments. Th…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the CIT(A) erred in dismissing the appeal without proper appreciation of facts.
- 2. Whether the issuance of Notice U/s 148 was valid.
1 more legal issue analysed in this judgement.