Late B. Devahie, Represented by her Husband Shri. D R Balakrishna Raja vs. ACIT, Central Circle -3(3), Chennai
Case No: ITA Nos.:3329 to 3331/Chny/2018, 67/Chny/2019
Court: Income Tax Appellate Tribunal ‘D’ Bench, Chennai
Date: 1/19/2026
Parties Involved
appellantLate B. Devahie, Represented by her Husband Shri. D R Balakrishna Raja
respondentACIT, Central Circle -3(3), Chennai
Facts Summary
The case involves search action under section 132 of the Income Tax Act on the BKR group of cases on 16.05.2013, wherein the assessee, Late Smt. B. Devahie, was also covered. During the assessment proceedings, the Assessing Officer (AO) issued a notice under section 153A of the Act on 29.11.2013. The assessee filed her original return of income declaring a total income of Rs.2.72 Lakhs. The AO observed that the assessee had shown unsecured creditors of Rs.1067.11 Lakhs and, due to the failure to…
Decision in favour of
Partly Assessee
Legal Issues
- 1. Whether the order of the Commissioner of Income tax (Appeals) is contrary to law, facts and circumstances of the case.
- 2. Whether the addition of Rs.2,01,17,425/- as unexplained cash credit under section 68 is valid.
1 more legal issue analysed in this judgement.
Precedents Relied Upon
1 precedent cited in this judgement.