Brahmaputra Infrastructure Limited vs DCIT, NEW DELHI
Case No: ITA No. 5130/DEL/2018
Court: Income Tax Appellate Tribunal, Delhi Bench ‘F’, New Delhi
Bench: Delhi Bench ‘F’, New Delhi
Date: 2/2/2026
Parties Involved
appellantBrahmaputra Infrastructure Limited
respondentDCIT, NEW DELHI
Facts Summary
The assessee company, Brahmaputra Infrastructure Limited, filed its return of income on 30.03.2016 declaring a total income of Rs.4,98,23,690/-. The Assessing Officer (AO) found that the assessee had deposited cash of Rs. 53.50 lakh in the bank account as per AIR report of ITD system. The AO added this amount as unexplained credit under Section 68 of the Income Tax Act, 1961, which was confirmed by the CIT(A). The assessee appealed against this addition, stating that the cash deposit was from in…
Decision in favour of
Revenue
Legal Issues
- 1. Addition of Rs. 53,50,000/- on account of Cash deposits in bank