ITA Nos. 6685 to 6687 and 6546 & 6552/M/2025
Case No: ITA Nos. 6685 to 6687 and 6546 & 6552/M/2025
Court: Income Tax Appellate Tribunal, 'G' Bench, Mumbai
Date: 1/22/2026
Parties Involved
appellantDCIT Central Circle – 7(1), Mumbai
respondentSajjid Amir Khan
Facts Summary
The assessee, Sajjid Amir Khan, is a proprietor of M/s SAKS INDIA, engaged in exporting hand-embroidery garments. A survey under section 133A was conducted on 30.06.2018, leading to re-assessment proceedings for assessment years 2014-15 to 2016-17 and assessment proceedings for 2017-18 to 2019-20. The Commissioner of Income Tax (Appeals) [Ld. CIT (A)] passed orders for assessment years 2018-19 and 2019-20, which were based on the order for AY 2017-18. The revenue and the assessee have filed cros…
Decision in favour of
Assessee
Legal Issues
- 1. Deletion of disallowance of Rs. 96,60,000/- towards consultancy services paid to Shri Upendra Rai.
- 2. Deletion of addition of Rs. 13,48,19,395/- made under section 68 on account of unexplained unsecured loans.
4 more legal issues analysed in this judgement.
Precedents Relied Upon
3 precedents cited in this judgement.