Income Tax Officer, Room No.238B, 2nd Floor, C.R. Building, I.P. Estate, Delhi-110002 Vs. Sukam Jewellers Pvt Ltd.
Case No: ITA No.4040/Del/2024
Court: Income Tax Appellate Tribunal, Delhi Bench, New Delhi
Bench: Delhi Bench
Date: 2/6/2026
Parties Involved
appellantIncome Tax Officer
respondentSukam Jewellers Pvt Ltd.
Facts Summary
The appellant company filed its return of income for the assessment year under reference declaring total income of Rs.15,13,486/-. Subsequently, the case was selected for scrutiny under CASS and statutory notice under section 143(2) of the Income Tax Act, 1961 was issued on 21.09.2018 and duly served upon the assessee through ITBA portal as well as through speed post. Immediately after the announcement of scheme of demonetization on 08.11.2016 at 08:00 PM by the Prime Minister of India, the appe…
Decision in favour of
Assessee
Legal Issues
- 1. Deletion of addition of Rs. 2,31,00,000/- made u/s 68 of the IT Act.