INCOME TAX OFFICER 2(1), MORADABAD Vs RITU BHANDULA
Case No: ITA No. 2750/Del/2025 (AY 2020-21)
Court: INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH ‘B’, NEW DELHI
Bench: DELHI BENCH ‘B’, NEW DELHI
Date: 2/11/2026
Parties Involved
appellantINCOME TAX OFFICER 2(1), MORADABAD
respondentRITU BHANDULA
Facts Summary
The assessee filed its return of income on 15.2.2021 declaring income of Rs. 7,97,270/- and the assessment was completed on 26.9.2022 at income of Rs. 3,15,05,634/- after making addition of Rs. 2,97,66,224/- on account of adhoc 12.5% disallowance of purchases as unexplained expenditure u/s. 69C of the Act. The assessee runs a leather business operating in an SEZ and has submitted documentary evidence in support of purchases made, which includes bank statements, invoices, shipping bills, etc., in…
Decision in favour of
Assessee
Legal Issues
- 1. Addition of Rs. 2,97,66,224/- made by the AO u/s 69C of the Act.
Precedents Relied Upon
3 precedents cited in this judgement.