Rajanee Mahajan Vs. Pr. CIT, Ghaziabad
Case No: ITA Nos. 2752 & 2753/Del/2024
Court: Income Tax Appellate Tribunal, Delhi Benches ‘F’, New Delhi
Date: 3/28/2025
Parties Involved
AppellantRajanee Mahajan
RespondentPr. CIT, Ghaziabad
Facts Summary
The assessee, Rajanee Mahajan, filed appeals against the orders passed by the Principal Commissioner of Income-tax (PCIT), Ghaziabad, under section 263 of the Income-tax Act, 1961, revising the orders passed under section 147 of the Act for the assessment years 2014-15 and 2015-16. The PCIT found that the Assessing Officer had erroneously accepted the assessee's explanation of cash deposits in her bank account as arising from her business of dealing in sports goods without any evidence or enquir…
Decision in favour of
Revenue
Legal Issues
- 1. Whether the Assessing Officer erroneously accepted the assessee's explanation of cash deposits without conducting any enquiry or investigation.
Precedents Relied Upon
1 precedent cited in this judgement.