Sachin Vs. DCIT
Case No: ITA Nos. 2613 & 2614/Del/2022
Court: INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH ‘G’: NEW DELHI
Date: 3/5/2025
Parties Involved
AppellantSachin
RespondentDCIT
Facts Summary
The assessee, Sachin, proprietor of M/s Meru Jewels, filed his return of income declaring a total income of Rs. 17,37,170/-. A search and seizure operation was conducted under section 132 of the Income Tax Act on 05.01.2017 in the case of Jindal Bullion Ltd (JBL). Digital data stored in software called 'Hajir Johri' was seized from the residence of Mr. Kushagra Jindal, promoter of JBL. The software purportedly contained parallel books maintained by JBL where both transactions through the banking…
Decision in favour of
Partly Assessee / Partly Revenue
Legal Issues
- 1. Validity of proceedings initiated under section 153C of the Act.
- 2. Whether the seized ledger 'Pankaj kb' pertains to the assessee.
1 more legal issue analysed in this judgement.
Precedents Relied Upon
6 precedents cited in this judgement.