Picheswar Gadde vs. ITO, Ward 10(1), Delhi
Case No: ITA 2110/Del/2025, WTA No. 01/Del/2025 CO 224/del/25
Court: Income Tax Appellate Tribunal, Delhi Bench
Bench: Delhi Bench
Date: 2/23/2026
Parties Involved
appellantITO, Ward 10(1), Delhi
respondentPicheswar Gadde
Facts Summary
The assessee, Picheswar Gadde, filed a return of income declaring total income of Rs. 23,23,780/- for AY 2012-13. The case was reopened by the Assessing Officer (AO) after obtaining approval from the Principal Commissioner of Income Tax Delhi. During a survey operation, incriminating documents were seized, leading to additions by the AO. The assessee appealed before the Commissioner of Income Tax (Appeals) (CIT(A)), which partly allowed the appeal. The Department of Revenue and the assessee file…
Decision in favour of
Assessee
Legal Issues
- 1. Deletion of addition of Rs. 2,70,50,000/- for cash received against sale of property.
- 2. Non-consideration of statement admitting receipt of cash of Rs. 5.41 Crore.
4 more legal issues analysed in this judgement.
Precedents Relied Upon
10 precedents cited in this judgement.