Parveen Kumar Vs. A.O/Assessment Unit, Income Tax Department

Parties Involved

Facts Summary

The present appeal preferred by the assessee Parveen Kumar emanates from the order of the Ld.CIT(Appeals)/NFAC, Delhi dated 03.12.2025 for the assessment year 2021-22. The assessee has challenged the validity of the additions made under Section 68 of the Income Tax Act, 1961, claiming that the purchases constitute business expenditure and no 'any sum found credited' in the books of account. The assessee argues that the entire addition made under Section 68 is without jurisdiction and liable to be deleted. The assessee also cites the decision of the Hon’ble Gujrat High Court in ACIT Vs. Yogesh Mulwani (ITAT, Bench Lucknow)-ITA No.446/LKW/2020 to support their claim.…

Legal Issues

• 1. Validity of additions made under Section 68 of the Income Tax Act, 1961

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

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