Green Provision and General Store vs. Income Tax Officer
Case No: ITA NO. 2117/Del/2024
Court: Income Tax Appellate Tribunal, Delhi Bench 'B', New Delhi
Date: 3/12/2025
Parties Involved
appellantGreen Provision and General Store
respondentIncome Tax Officer
Facts Summary
The assessee, a partnership firm engaged in the business of retail trading of Kirana items, filed its income tax return on 30.10.2018 declaring an income of Rs. 3,41,540/-. The Assessing Officer (AO-CPC) disallowed certain amounts under sections 40A(3) and 43B of the Income Tax Act, 1961. To avoid these additions, the assessee filed a revised return on 25.02.2019 disclosing a total income of Rs. 9,15,480/- under section 44AD. Despite this, the AO-CPC proposed further additions, and the revised r…
Decision in favour of
Assessee
Legal Issues
- 1. Denial of liability to be assessed at total income of Rs. 29,94,270/- and to pay tax and interest.
- 2. Erroneous order by CIT(A) based on surmises and conjecture.
9 more legal issues analysed in this judgement.
Precedents Relied Upon
2 precedents cited in this judgement.