Sanjay Kumar Khemka vs. DCIT, CC-3(4), Kolkata
Case No: ITA No.2110/Kol/2025
Court: Income Tax Appellate Tribunal, 'D' Bench, Kolkata
Date: 1/19/2026
Parties Involved
appellantSanjay Kumar Khemka
respondentDCIT, CC-3(4), Kolkata
Facts Summary
In the case of the assessee, Sanjay Kumar Khemka, a search and seizure operation was carried out in the residential/registered office/business premises of 'Private Coaching & Educational Institutions Group' on 06.11.2019. The case was selected for compulsory scrutiny as it was a search assessment year. The return of income for the A.Y. 2020-21 was filed on 11.02.2021 declaring a total income of Rs.4,94,12,820/-. During the search operation, cash amounting to Rs.80,00,000/- was found and seized a…
Decision in favour of
Assessee
Legal Issues
- 1. Validity of the penalty order under section 271AAB of the Income Tax Act, 1961
Precedents Relied Upon
6 precedents cited in this judgement.