Nutshell Vyapaar Pvt. Ltd. Vs. Deputy Commissioner of Income Tax
Parties Involved
Facts Summary
The case involves an appeal against the order of the Commissioner of Income Tax (Appeals) under section 250 of the Income Tax Act, 1961, arising from an assessment order dated 31.03.2023 of the Assessing Officer/ DCIT, Central Circle-28, New Delhi. The assessee filed an original return of income on 25.03.2017. A search and seizure procedure was carried out on the Alankit Group on 18.10.2019, and incriminating evidence was found in the name of the assessee. The assessee filed an appeal against the order of the Commissioner of Income Tax (Appeals) which was allowed. The Revenue has filed an appeal against this order, and the assessee has filed cross objections.…
Decision in favour of
Partly Assessee / Partly Revenue
Legal Issues
- 1. Whether the Commissioner of Income Tax (Appeals) erred in allowing the assessee's appeal?
Judgment Outcome
Decided in favour of Partly Assessee / Partly Revenue.
Precedents Relied Upon
4 precedents cited in this judgement.
Similar Judgements
M/s JSP Projects Private Limited Vs DCIT, Central Circle-13
Delhi Bench benchAY 2014-15AllowedDCIT, Central Circle-28, Delhi. Vs. Nutshell Vyapaar Pvt. Ltd.
Delhi Bench ‘E’: New Delhi benchAY 2020-21DismissedM/s. Vikas Surya Developers Pvt. Ltd. Vs. Dy. CIT
Delhi benchNeha Gupta Vs Assistant Commissioner of Income Tax
Delhi Bench benchAY 2014-15 and 2015-16AllowedDCIT v. Anshu Infotech LLP
Delhi benchITA No. 3079/Del/2023 and CO No.17/Del/2024
Delhi bench