ITO Ward-34(1) vs Sunil Dutt Saini
Case No: ITA No. 5765/DEL/2024
Court: Income Tax Appellate Tribunal, Delhi Bench ‘G’, New Delhi
Bench: Delhi Bench ‘G’, New Delhi
Date: 2/25/2026
Parties Involved
appellantITO Ward-34(1)
respondentSunil Dutt Saini
Facts Summary
The assessee did not file its return for A.Y. 2017-18. The Assessing Officer noticed that the assessee had made cash deposits of Rs. 65,92,72,677/- in a current account and received commission/brokerage amounting to Rs. 2,751/-. The assessee explained that he was running a propriety concern and was engaged in commission agency business for transfer of money. The AO noted that the total amount reflecting in Form 26AS against M/s Quicksun Technologies Pvt. Ltd. was Rs. 5,37,22,28,700/- which needs…
Decision in favour of
Assessee
Legal Issues
- 1. Addition of Rs. 537.22 crores as unexplained investments