Section 68 — ITAT Judgements
189 tribunal judgements dealing with Section 68. Each case includes the facts, the legal issues raised and how the tribunal decided — free to read, no signup.
Mukesh Kumar Agrawal vs ITO Ward 54(5)
ITA No. 5971/DEL/2025Delhi Bench ‘G’, New Delhi25 Feb 2026AY 2017-18The assessee had filed return for A.Y. 2017-18, on 31.10.2017, declaring income of Rs. 5,03,440/-. The case was selected for scrutiny on the issue of cash deposits made during demonetisation period. The assessment was completed at an income…
Read summaryOM Welfare Society Vs. ACIT Exemption
ITA No. 5204/ DEL/2025Delhi Bench25 Feb 2026AY 2017-18The assessee, OM Welfare Society, filed its return of income on 13.10.2017 declaring NIL income. The assessee is a registered society under section 12AA of the Income Tax Act, 1961 and is granted exemption under section 80G of the Act. The …
Read summaryIncome Tax Officer, C.R. Building, I.P. Estate, New Delhi-110002 Vs Mishka Exim limited, Flat No.-102, Plot no-10, First Floor, Chetan Complex, Central Market, Surajmal Vihar, Delhi 110092, PAN-AAJCM3435F
ITA No.4464/DEL/2024Delhi Bench25 Feb 2026AY 2017-18The assessee company engaged in the business of trading of fabrics, ornaments, and equity shares had deposited a large amount of cash in its bank account during the demonetization period. The assessing officer noted an increase in cash sale…
Read summaryAditi Enterprises vs ITO
ITA No.1991/Del/2024Delhi BenchAY 2017-18The assessee, a partnership firm carrying on the business of trading and manufacturing of gold ornaments as well as trading of bullion, filed its return of income for the relevant year declaring a total income of Rs. 2,89,924/-. The books o…
Read summaryDhruva Goel vs. DCIT
ITA No. 5480/Del/2025F Bench, New Delhi24 Feb 2026AY 2015-16The assessee’s appeal for assessment year 2015-16 arises against the order of Ld. CIT-30, New Delhi dated 25.09.2023 involving proceedings u/s 143(3)/153A of the Income-tax Act, 1961 passed by the ACIT, Central Circle-30, New Delhi for AY: …
Read summaryVale India (P) Ltd. vs. JCIT, Range-27, New Delhi
ITA No. 4325/DEL/2025Delhi BenchAY 2017-18The assessee company was incorporated in India on 10.10.2005 for exploration and mining activities. It became a coal marketing support office of its group company in January 2014 and exited its exploration business in December 2013. For the…
Read summaryIncome Tax Officer vs. Amit Singla
ITA No.4017/Del/2025G Bench, Delhi23 Feb 2026AY 2018-19The assessee filed return of income declaring gross income of Rs.4,12,748/-. The case was selected for limited scrutiny assessment for 'high value cash deposits reported in SFT (Business cases)'. Notices were issued, and the assessee partia…
Read summaryACIT, Central Circle-31, Delhi vs. Rajesh Craft Jewel India Pvt. Ltd
ITA No. 3735/Del/2025Delhi Bench5 Feb 2026AY 2017-18The appeal of revenue is directed against the order of the ld. Commissioner of Income Tax (Appeals)-30, Delhi dated 14.02.2025 pertaining to AY 2017-18. The addition of Rs. 1.68 crores u/s 68 of the Act was made as the assessee failed to di…
Read summaryIncome Tax Officer, Ward-43(1), Delhi vs. Super Care Gas Agency
ITA No.5515/Del/2024Delhi Bench ‘G’23 Feb 2026AY 2017-18The assessee filed return of income on 31.01.2018 declaring total income of Rs.43,46,160/-. The case was selected for scrutiny through CASS. Notice u/s 143(2) of the Act dated 24.09.2018 was issued. Subsequently, the case was transferred an…
Read summaryACIT, Circle-1(1) vs Amba Jewellers Pvt. Ltd.
ITA Nos. 3327 & 4751/Del/2025Delhi Bench 'E', New Delhi20 Feb 2026AY 2017-18The appellant company, Amba Jewellers Pvt. Ltd., is engaged in the business of trading and manufacturing of jewelry. The case pertains to the assessment year 2017-18. The Assessing Officer made additions under Section 68 and Section 40A(3) …
Read summaryAjay Gahlot & Sons Vs. Commissioner of Income Tax (Appeals)
आअसं.145/धिल्ली /2026 (धि.ि. 2017-18), ITA No.145/DEL/2026 (A.Y.2017-18)Delhi Bench18 Feb 2026AY 2017-18The assessee, Ajay Gahlot & Sons, a proprietorship concern engaged in contractual work of data processing, has appealed against the order of the Commissioner of Income Tax (Appeals) confirming additions of Rs.6,38,550/- as unexplained cash …
Read summaryShri Rathi Steel (Dakshin) Limited Vs Assistant Commissioner of Income Tax, Central Circle-16, New Delhi-110055
ITA No.5594/Del/2025Delhi Bench ‘F’, New Delhi18 Feb 2026AY 2017-18The appeal is preferred by the assessee against the order dated 16.08.2025 passed by Ld. CIT(A)-26, New Delhi, under section 250 of the Income Tax Act, 1961 for Assessment Year 2017-18. The assessment in this appeal is framed by the Assessi…
Read summaryManjeet Singh vs ITO
ITA No.- 4802/Del/2025Delhi Bench18 Feb 2026AY 2018-19The assessee is engaged in manufacturing of quality fasteners, screw, rivets, nuts, washers and bolts since 2010 serving the needs of Indian industries. The assessee filed its return of income on 31.10.2018, declaring a total income of Rs. …
Read summaryACIT (OSD) vs. M/s Gemco Energy Ltd.
ITA Nos. 643 & 644/Del/2024'B' Bench, Delhi18 Feb 2026AY 2014-15 & 2015-16The assessee, M/s Gemco Energy Ltd., is a private limited company engaged in the production of electricity from biomass and renewable energy projects. The case pertains to the verification of share capital and unsecured loans received in AY…
Read summaryQuetzal Buildtech Private Limited vs. ITO
ITA No.6409/Del/2025Delhi Bench17 Feb 2026AY 2016-17The assessee, Quetzal Buildtech Private Limited, filed an appeal against the order of the Ld. Commissioner of Income Tax (Appeals)/NFAC, Delhi dated 26.08.2025 for A.Y. 2016-17. The assessee raised several grounds challenging the re-assessm…
Read summaryDharambir v. National Faceless Assessment Centre, Delhi
ITA No.4860/Del/2025Delhi Bench17 Feb 2026AY 2014-15The assessee, Dharambir, filed an appeal against the order of the Ld. Commissioner of Income Tax (Appeals)/NFAC dated 25.02.2025 for A.Y. 2014-15. The assessee raised several grounds of appeal, including procedural irregularities, invalid n…
Read summaryM/s Fairdeal Information Technology Private Limited vs. Income Tax Officer, Ward-9(1), New Delhi
ITA No.2793/Del/2025Delhi Bench ‘B’13 Feb 2026AY 2013-14The assessee, M/s Fairdeal Information Technology Private Limited, filed its return of income declaring total income of Rs.5,81,730/-. The case was re-opened u/s 147 by way of issue of notice u/s 148 of the Income Tax Act, 1961. The Assessi…
Read summaryMarche Retail Pvt. Ltd. Vs. ACIT
ITA No. 5252/ DEL/2025Delhi Bench12 Feb 2026AY 2017-18Assessee filed its return of income for the AY 2017-18 declaring total income of Rs.59,94,400/-. The case was selected for complete scrutiny under CASS. The Assessing Officer observed that the assessee had deposited cash of Rs.1,44,94,000/-…
Read summaryDCIT vs. Shri Irfan S/o Sh. Meharban
ITA Nos. 3519 & 3520/Del/2025Delhi Bench12 Feb 2026AY 2018-19 & 2019-20The assessee, Shri Irfan, is an individual who supplies she-buffalo (livestock) to slaughter houses, specifically to H.M.A Agro Industries Ltd. Agra. For Assessment Year 2019-20, he filed his return of income declaring total income of Rs.20…
Read summaryACIT, Circle-7(1), Delhi vs. Eberspaecher Suetrak Bus Climate Control Systems India P. Ltd.
ITA No.3665/DEL/2025Delhi Bench12 Feb 2026AY 2014-15The assessee filed its return of income declaring a loss, which was selected for scrutiny. Notices were issued but remained unserved. The Assessing Officer completed the assessment by making substantial additions and disallowances. The asse…
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