DCIT, Central Circle-17 Vs M/s D-Art Furniture Systems Pvt. Ltd.
Case No: ITA No.205/Del/2020
Court: Income Tax Appellate Tribunal, Delhi Bench ‘F’, New Delhi
Bench: Delhi Bench ‘F’, New Delhi
Date: 2/12/2026
Parties Involved
appellantDCIT, Central Circle-17
respondentM/s D-Art Furniture Systems Pvt. Ltd.
Facts Summary
The Revenue has filed an appeal against the order dated 31.10.2019, passed by the Learned Commissioner of Income Tax(Appeals)-34, New Delhi, for Assessment Year 2009-10. The assessment order was passed by the Assessing Officer under section 153A r.w.s. 143(3) of the Income Tax Act, 1961. A search and seizure operation under section 132 was conducted on the assessee on 19.10.2010, resulting in an assessment being made for Assessment Year 2009-10. The Assessing Officer made several additions total…
Decision in favour of
Assessee
Legal Issues
- 1. Addition of Rs. 1,67,61,153/- on account of allowing unexplained purchases.
- 2. Addition of Rs. 1,70,903/- on account of allowing expenses u/s 40(ia).
5 more legal issues analysed in this judgement.
Precedents Relied Upon
2 precedents cited in this judgement.