ITA No.2846/Del/2017
Case No: ITA No.2846/Del/2017
Court: Income Tax Appellate Tribunal, Delhi Bench ‘G’: New Delhi
Date: 2/19/2025
Parties Involved
appellantAsst. CIT, Central Circle-18, Jhandewalan Extn. New Delhi-110055
respondentM/s Sunniva Promoters Pvt. Ltd., Block-C, Goldsouk Mall, Phase-1, Sushant Lok, Sector-43, Gurgaon, Haryana-122002, PAN-AAICS7038R
Facts Summary
The assessee, M/s Sunniva Promoters Pvt. Ltd., is a Private Limited Company. A survey under section 133A was conducted at the business premises of M/s Aerens Jai Realty (Pvt.) Ltd. on 17/08/2011. During the survey, certain documents indicated cash receipts amounting to Rs.4,19,64,494/-, which were shown as discounts in the books of accounts. Out of this, Rs.1,74,14,710/- were related to M/s Aerens Jai Realty Pvt. Ltd. and the remaining Rs.2,45,49,784/- were related to the assessee. The assessee …
Decision in favour of
Revenue
Legal Issues
- 1. Whether the Learned Commissioner of Income Tax (Appeals) erred in deleting the addition of Rs.2,45,49,784/- made on account of cash received by the assessee without examining and adjudicating upon the merits of the case.
- 2. Whether the Learned Commissioner of Income Tax (Appeals) erred in deleting the addition without considering the evidences provided in the form of seized annexures and statements taken on oath during the course of search and survey operations.
1 more legal issue analysed in this judgement.