ITA No. 1079/KOL/2024 (A.Y. 2021-2022) Bhawani Apartment Pvt. Limited

Parties Involved

Facts Summary

The assessee, Bhawani Apartment Pvt. Limited, filed an appeal against the order of the Commissioner of Income Tax (Appeals) for the Assessment Year 2021-22. The assessee challenged the additions of Rs.8,00,000/- and Rs.6,05,000/- made by the Assessing Officer based on documents found during a survey at Lakhotia Diagnostic Centre. The assessee argued that the additions were not substantiated and were made without proper evidence. The CIT(Appeals) sustained the additions, but the Tribunal found that the Assessing Officer did not provide sufficient evidence to support the additions and deleted them.…

Legal Issues

• 1. Whether the additions of Rs.8,00,000/- and Rs.6,05,000/- made by the Assessing Officer are sustainable?

Judgment Outcome

Decided in favour of Assessee.

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