Sanjay Kumar Yadav Vs Assessment Unit, Income Tax Department, Delhi
Case No: ITA No.4558/Del/2024
Court: Income Tax Appellate Tribunal, Delhi Bench, New Delhi
Date: 3/27/2025
Parties Involved
appellantSanjay Kumar Yadav
respondentAssessment Unit, Income Tax Department, Delhi
Facts Summary
In this case, the Assessing Officer had information that the assessee, Sanjay Kumar Yadav, had made a transaction with M/s Tirupati Enterprises, proprietary of Shri Bunty Verma, for Rs.15,18,420/- during the Financial Year 2017-18. The Assessing Officer also had information that Shri Bunty Verma was involved in ITC fraud amounting to rupees above 50 Crores during the said period. Notice u/s 148 of the Act was issued on 09.04.2022. The Assessing Officer noted that M/s Tirupati Enterprises was a n…
Decision in favour of
Assessee
Legal Issues
- 1. Legitimate Business Operation & Market Practices
- 2. No Direct Evidence of Fraud
3 more legal issues analysed in this judgement.