Kanchan Rawal Vs. Income Tax Officer/ National Faceless Assessment Order Centre, JAO:ITO, Ward-36(1) New Delhi

Parties Involved

Facts Summary

The case pertains to the assessment year 2019-20. The appellant, Kanchan Rawal, filed an appeal against the Commissioner of Income Tax (Appeals)/National Faceless Appeal Centre [CIT(A)/NFAC], Delhi’s DIN & Order No:ITBA/NFAC/S/250/2025-26/1082117003(1), dated 29.10.2025. The appeal involves proceedings under section 147 read with section 144 of the Income-tax Act, 1961. The appellant claimed a deduction under chapter VI-A, which was accepted by the Assessing Officer. The second issue involves an addition of Rs.18,17,700/- under section 56(2)(x) due to the acquisition of an asset for Rs.20 lakhs with a stamp duty value of Rs.1,33,91,500/-, whereas the DVO valued it at Rs.38,17,700/-.…

Legal Issues

• 1. Claim of chapter VI-A deduction of Rs.1,02,287/-
• 2. Addition of Rs.18,17,700/- under section 56(2)(x)

Judgment Outcome

Decided in favour of Assessee.

Similar Judgements

• Aero Pack Products Private Limited Vs. Income Tax Officer

• Mayur Kanubhai Shah vs ITO, Ward 19(2)(2), Mumbai

  Mumbai Bench 'E', Mumbai benchAY 2016-17Remanded

• Renu Bothra Vs DCIT, Circle-46, Kolkata

  Kolkata Bench benchAY 2018-2019Allowed

• Poonam Lakhmani vs. ITO, Ward-30(1), Kolkata

  Kolkata Bench benchAY 2020-21Allowed

• Raghvendra Singh

  Kolkata Bench benchAY 2018-2019Allowed

• Rashmi Seventilal Vakharia vs. Income Tax Officer

  Mumbai “D” Bench benchAY 2018-19Allowed