Mahesh Nathalal Thakkar Vs. DCIT, Circle-(1)
Case No: ITA No. 5624/Mum/2025
Court: Income Tax Appellate Tribunal (ITAT), 'SMC' Bench, Mumbai
Date: 1/8/2026
Parties Involved
appellantMahesh Nathalal Thakkar
respondentDCIT, Circle-(1)
Facts Summary
The assessee, Mahesh Nathalal Thakkar, filed his return of income on 01.09.2014 declaring a total income of Rs. 22,64,700/-. The case was selected for scrutiny under CASS, resulting in the following additions by the Assessing Officer: (i) Addition of Rs. 5,06,569/- on account of unexplained income due to a discrepancy in TDS as per Form 26AS. (ii) Addition of Rs. 1,68,000/- as income from house property, being receipt of godown rent from M/s Desai Brothers Ltd. (iii) Addition of Rs. 6,48,275/- a…
Decision in favour of
Assessee
Legal Issues
- 1. Addition of Rs. 5,06,569/- for unexplained income
- 2. Addition of Rs. 1,68,000/- as Income from House Property
1 more legal issue analysed in this judgement.