Kelvin Air Conditioning and Ventilation System Pvt. Ltd. vs ITO, Ward 10(1) (4), Mumbai
Case No: ITA No.4483/Mum/2025
Court: Income Tax Appellate Tribunal, Mumbai Bench 'E'
Date: 1/21/2026
Parties Involved
appellantKelvin Air Conditioning and Ventilation System Pvt. Ltd.
respondentITO, Ward 10(1) (4), Mumbai
Facts Summary
The assessee, Kelvin Air Conditioning and Ventilation System Pvt. Ltd., is a private limited company engaged in the business of installation of air conditioner and ventilation systems. The assessee filed its return of income for the Assessment Year 2013-14 declaring a total income of Rs. 6,81,000/-. During the assessment proceedings, the Assessing Officer (AO) found a difference of Rs. 50,93,368/- between the gross receipts in the books of accounts and the amount reflected in Form 26AS. The asse…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the addition of Rs. 50,93,368/- made by the AO is justified?