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ITA No. 440/Del/2024 : Asstt. Year: 2021-22

Case No: ITA No. 440/Del/2024
Court: INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH ‘E’, NEW DELHI
Date: 1/9/2026

Parties Involved

appellantACIT, Circle-16(1), New Delhi-110002
respondentMinerals Management Services India Pvt. Ltd., DSM 648, DLF Towers, Shivaji Marg, Moti Nagar, New Delhi-110015

Facts Summary

This Revenue’s appeal for Assessment Year 2021-22 arises against the CIT(A)/NFAC, Delhi’s DIN & order No. ITBA/NFAC/S/250/2023-24/1058430665(1) dated 04.12.2023, in proceedings u/s 143(3) of the Income Tax Act, 1961. The Revenue seeks to revive the Assessing Officer’s action adding the amount in question of Rs.7,66,23,600/- as the assessee’s under-reported rental income in his assessment order dated 29.12.2022 which has been reversed in the CIT(A)’s lower appellate discussion. The tribunal’s ear

Decision in favour of

Assessee

Legal Issues

  • 1. Revival of Assessing Officer’s action adding under-reported rental income

Precedents Relied Upon

1 precedent cited in this judgement.

Judgment Outcome

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