LDM Agro Foods Pvt. Ltd vs DCIT
Case No: ITA No. 4347/DEL/2025
Court: INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH ‘A’, NEW DELHI
Date: 1/29/2026
Parties Involved
appellantLDM Agro Foods Pvt. Ltd
respondentDCIT
Facts Summary
The assessee, LDM Agro Foods Pvt. Ltd, filed its return for the Assessment Year 2018-19 declaring an income of Rs. 16,40,510/-. Subsequently, the Assessing Officer (AO) issued a notice under section 148A(b) alleging bogus purchases amounting to Rs. 1,20,25,868/- from entities Madan Lal Madho Prasad and Kalki Trading Company. No response was received to the show cause notice, leading the AO to pass an order under section 148A(d) and subsequently issue a notice under section 148. The assessment wa…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the CIT(A) erred in upholding the addition of Rs. 1,24,89,146/- and deciding the appeal ex-parte.
- 2. Whether the AO was justified in issuing the Notice u/s 148A(b) and passing the Order u/s 148A(d) without furnishing the information or material forming the basis of the reassessment proceedings to the Appellant Company.
2 more legal issues analysed in this judgement.
Precedents Relied Upon
2 precedents cited in this judgement.