Jora Ram Mali Vs. ACIT, Circle – 4(2)
Case No: ITA No. 7646 & 7647/Mum/2025
Court: INCOME TAX APPELLATE TRIBUNAL “F” BENCH MUMBAI
Date: 1/28/2026
Parties Involved
appellantJora Ram Mali
respondentACIT, Circle – 4(2)
Facts Summary
The present appeals have been preferred by the assessee against the separate orders dated 16.09.2025 passed by the National Faceless Appeal Centre / CIT(A), Mumbai for the A.Ys 2018-19 & 2019-20. The appeals are based on the addition of 27,15,625/- as unexplained investment under section 69 of the Income-tax Act, 1961, made pursuant to proceedings initiated under section 153C based on a search in the Rubberwala Group. The search led to the seizure of a pen drive containing details of cash transa…
Decision in favour of
Partly Assessee / Partly Revenue
Legal Issues
- 1. Erroneous confirmation of addition of 27,15,625/- as unexplained investment under section 69.
- 2. Invalid initiation of proceedings under section 153C due to seized Excel file belonging to a third party.
5 more legal issues analysed in this judgement.
Precedents Relied Upon
19 precedents cited in this judgement.