Balesh Jain & Sons HUF vs. Income -Tax Officer Ward 55
Case No: ITA No.2608/DEL/2025
Court: Income Tax Appellate Tribunal, Delhi Bench
Bench: Delhi Bench
Date: 2/6/2026
Parties Involved
appellantBalesh Jain & Sons HUF
respondentIncome -Tax Officer Ward 55
Facts Summary
The case of the assessee was re-opened for A.Y. 2014-15 u/s 147 of the Act and notice u/s 148 of the Act was issued dated 29-06-2022. In the response of the notice the assessee filed the return of income declaring total income at Rs.10,80,400/-. The assessing Officer completed the assessment after making the addition of Rs.87,60,348/- under section 68 of the Act. Aggrieved by the order of the ld. AO, the assessee preferred the appeal before the Ld. NFAC who vide his order dated 11-12-2024 dismis…
Decision in favour of
Assessee
Legal Issues
- 1. Order passed by the Ld. CIT(A) confirming the order of the Ld. AO is bad in law and facts of the case.
- 2. Re-opening is bad in law and on wrong facts.
7 more legal issues analysed in this judgement.