M/s Khemka Stuart Leisure Ltd. vs ACIT
Case No: ITA No. 2360/Del/2015
Court: Income Tax Appellate Tribunal, Delhi Bench ‘F’, New Delhi
Bench: Delhi Bench ‘F’, New Delhi
Date: 2/5/2026
Parties Involved
appellantM/s Khemka Stuart Leisure Ltd.
respondentACIT, Central Circle-18, New Delhi
Facts Summary
The assessee’s appeal for Assessment Year 2005-06 arises against the CIT(A)-XXVII, New Delhi’s dated 27.11.2014, in case No. 407/13-14/CIT(A)-XXVII/2014-15, in proceedings u/s 143(3)/147 of the Income Tax Act, 1961. The assessee seeks to reverse the lower authorities’ findings in assessment order dated 30.03.2013 as well as in the lower appellate discussion initiating section 148 proceedings culminating in the addition of undisclosed income of Rs.3,84,86,000/-.…
Decision in favour of
Revenue
Legal Issues
- 1. Addition of undisclosed income of Rs.3,84,86,000/-
Precedents Relied Upon
2 precedents cited in this judgement.