Kishan Lal Vs. The NFAC
Case No: ITA No. 2108/DEL/2024 [A.Y. 2018-19]
Court: INCOME TAX APPELLATE TRIBUNAL, DELHI ‘C’ BENCH
Date: 2/7/2025
Parties Involved
appellantKishan Lal
respondentThe NFAC
Facts Summary
The assessee, Kishan Lal, was robbed on the highway and an addition of Rs 50,00,000 was made on account of alleged unexplained cash. The robbers were caught with Rs 30,38,000, and they admitted having looted Rs 50,00,000. Kishan Lal verified that his own money was only Rs 5 lakhs, while the rest belonged to various farmers. He had sold their farm produce in Delhi and was carrying out this work only on a commission basis. The police investigated and found that the money actually belonged to these…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the LD CIT(A) erred in passing the ex-parte order.
- 2. Whether the order appealed against is contrary to the facts, law, and principles of natural justice.
3 more legal issues analysed in this judgement.