DCIT vs. Sharpi Agarwal
Case No: ITA No.7062/Del/2025
Court: Income Tax Appellate Tribunal, Delhi Bench
Bench: Delhi Bench
Date: 2/12/2026
Parties Involved
appellantDCIT
respondentSharpi Agarwal
Facts Summary
A search and seizure proceeding u/s 132 of the Act was carried out on the Alankit Group, Shri Alok Kumar Agarwal, his son Shri Ankit Agarwal, and some close associates and key employees on 18.10.2019. Notice u/s 153C of the Act was issued on 15.11.2022 to the assessee asking her to file her return of income for the relevant assessment year for AYs 2014-15. The assessee filed her return of income on 17.11.2022 declaring income of Rs. 8,30,850/-. The AO passed the assessment order on 26.03.2024 at…
Decision in favour of
Assessee
Legal Issues
- 1. Addition under Section 69C of the Act
Precedents Relied Upon
4 precedents cited in this judgement.