HITCHKI CREATION PVT. LTD. VS. DCIT, CENTRAL CIRCLE, MEERUT
Case No: ITA NO. 8192/Del/2018
Court: INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH ‘C’, NEW DELHI
Date: 3/26/2025
Parties Involved
appellantHITCHKI CREATION PVT. LTD.
respondentDCIT, CENTRAL CIRCLE, MEERUT
Facts Summary
A search and seizure operation under section 132 was conducted on 27.11.2014 in the case of Maconns, Meenu and Yadav Singh Group, wherein certain incriminating documents were found and seized relating to the assessee. Subsequently, a notice under section 153C was issued on 27.06.2016. The assessee filed its return showing income of Rs. 4,57,650/-. Thereafter, notices under sections 143(2) and 142(1) were issued, and the Assessing Officer (AO) completed the assessment by making an addition of Rs.…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the Ld. CIT(A) erred in law and on facts in confirming the action of the Ld. AO in assuming jurisdiction under section 153C and passing the impugned order.
- 2. Whether the assessment framed under section 153C of the Act is bad in law and against the facts and circumstances of the case.
6 more legal issues analysed in this judgement.
Precedents Relied Upon
1 precedent cited in this judgement.