Jagmohan Singh Bedi Vs. ITO, Ward- 70(1)
Case No: ITA No.5067 to 5069/Del/2024
Court: INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH, ‘C’: NEW DELHI
Date: 1/28/2026
Parties Involved
appellantJagmohan Singh Bedi
respondentITO, Ward- 70(1)
Facts Summary
The appellant, Jagmohan Singh Bedi, is an individual who did not file his return of income for the relevant years as his total income was below the maximum amount not chargeable to tax. He was an employee of M/s Earth Infrastructure Limited, drawing a salary of INR 20,000 per month. He was fraudulently appointed as a manager in M/s IFAMA Builders & Developers Private Limited, a group company of Earth Infrastructure Limited, but he was not involved in any business activities of IFAMA and continue…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the AO erred in initiating, continuing, and concluding the impugned assessment under section 147 of the IT Act.
- 2. Whether the AO erred in making an addition of Rs. 59,18,00,000/- under section 69A by holding that the assessee is the owner of the amount received in M/s IFAMA Builders & Developers Private Limited.
Precedents Relied Upon
6 precedents cited in this judgement.