Kusum Lata vs. Income Tax Officer

Parties Involved

Facts Summary

The assessee, Kusum Lata, has appealed against an order of the Commissioner of Income Tax (Appeals) dated 10.12.2025, which made an addition of Rs. 7,00,000/- under section 69 of the Income Tax Act based on unexplained investment in the Omaxe Group. The addition was made based on an Excel sheet found during a search operation, which showed a figure of Rs. 8000/- that was multiplied by 100 to arrive at Rs. 800000/-. The assessee has denied making any cash payment and has provided documentary evidence that all payments were made through banking channels. The assessee argued that the addition was made without concrete evidence and on mere presumption.…

Legal Issues

• 1. Whether the addition made by the Assessing Officer and sustained by the Commissioner of Income Tax (Appeals) is sustainable?

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

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