ITA No. 6270/DEL/2025; Assessment Year: 2013-14
Case No: ITA No. 6270/DEL/2025
Court: Income Tax Appellate Tribunal, Delhi Bench ‘A’, New Delhi
Date: 1/21/2026
Parties Involved
appellantSh. Jaiveer Nagar
respondentITO Ward 1(4) Noida
Facts Summary
The assessee filed a return for A.Y. 2013-14 declaring income of Rs. 3,63,250/-. An investigation report revealed that a total amount of Rs. 66,58,713/- was credited in the assessee’s bank accounts, out of which Rs. 15 lakhs were deposited in cash. Consequently, the case was reopened and a notice under section 148 was issued. The assessment was completed under sections 143(3), 147, and 144B of the Income Tax Act at an income of Rs. 1,63,24,384/- after making an addition of Rs. 1,59,61,134/- unde…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the impugned Assessment order passed by the Hon'ble CIT (A) is bad in law, wrong on facts, and against the principle of natural justice.
- 2. Whether the Ld. AO NFAC erred in law and on facts by ignoring the submissions made by the assessee.
6 more legal issues analysed in this judgement.