M/s. NV Distilleries & Breweries Pvt. Ltd vs. DCIT, Central Circle-31, New Delhi
Case No: ITA Nos. 1303 to 1305/Del/2025
Court: Income Tax Appellate Tribunal, Delhi Bench
Bench: Delhi Bench
Date: 2/20/2026
Parties Involved
appellantM/s. NV Distilleries & Breweries Pvt. Ltd
respondentDCIT, Central Circle-31, New Delhi
Facts Summary
The appeals arise out of the order of the Commissioner of Income Tax (Appeals)-30, New Delhi dated 17-12-2024 against the order of assessment passed u/s 147/143(3) of the Income-tax Act, 1961 dated 30-03-2022 by the Assessing Officer, DCIT, Central Circle-31, New Delhi. The Assessee has challenged the addition made on account of estimation of gross profit on purchases made from certain parties and the validity of assumption of jurisdiction under section 147 of the Act.…
Decision in favour of
Assessee
Legal Issues
- 1. Addition on account of bogus purchases from M/s Raghuveer Singh Devendra Kumar.
- 2. Validity of assumption of jurisdiction under section 147 of the Act.
Precedents Relied Upon
1 precedent cited in this judgement.