Inderjeet Kaur Vs. Income Tax Officer, Ward-71(3), New Delhi
Case No: ITA No.7457/Del/2025
Court: Income Tax Appellate Tribunal, Delhi Bench
Date: 1/21/2026
Parties Involved
appellantInderjeet Kaur
respondentIncome Tax Officer, Ward-71(3), New Delhi
Facts Summary
The assessee, Inderjeet Kaur, appealed against the order of the Commissioner of Income Tax (Appeals)/National Faceless Appeal Centre, Delhi, involving proceedings under section 143(3) of the Income-tax Act, 1961. The lower authorities had added Rs.2.45 lakhs as unexplained cash deposits in her current bank account and assessed her at an 8% profit rate on alleged gross sales amounting to Rs.2,30,94,057/-. The assessee argued that the cash deposits were redeposited withdrawals made prior to demone…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the cash deposits of Rs.2.45 lakhs should be treated as unexplained income.
- 2. Whether the assessee should be assessed at an 8% profit rate on alleged gross sales.
1 more legal issue analysed in this judgement.
Precedents Relied Upon
1 precedent cited in this judgement.