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.
Rajneesh Kumar Singh Vs Income Tax Officer
ITA Nos. 4027 to 4030/Del/2024Delhi Bench ‘F’, New Delhi20 Mar 2025The case involves four appeals filed by Rajneesh Kumar Singh against the Income Tax Officer for the assessment years 2013-14, 2014-15, 2015-16, and 2016-17. The assessing officer had made section 68 additions for unexplained cash deposits. …
Read summaryPaan Mahel Vs Income Tax Officer
ITA No. 1361/Del/2024Delhi Bench ‘F’, New Delhi20 Mar 2025The case pertains to the assessment year 2017-18. The assessee, Paan Mahel, appealed against the order of the Commissioner of Income Tax (Appeals) confirming additions made by the Assessing Officer under section 68 read with section 115BBE …
Read summaryEffective Exim Private Ltd. Vs. Circle 7(1), Delhi
ITA No. 445/DEL/2024 & ITA No. 446/DEL/2024Delhi Bench 'B', New Delhi19 Mar 2025The appellant/assessee company, Effective Exim Private Ltd., filed its return of income-tax declaring a loss for the assessment year 2012-13. The case was reopened for assessment under Section 148 of the Income-Tax Act, 1961, and a notice w…
Read summaryJugal Kishor Pradhan vs ITO
I.T.A.No.427/Del/2024Delhi Bench19 Mar 2025The assessee, Jugal Kishor Pradhan, is in the business of trading iron and steel scrap. He filed his original return of income on 27/08/2012 and subsequently filed a return of income on receipt of notice u/s 148 of the Act declaring a total…
Read summaryMunish Kumar Verma Vs. The I.T.O
ITA No. 812/DEL/2017 [A.Y. 2012-13] and ITA No. 1290/DEL/2017 [A.Y. 2012-13]DELHI ‘E’ BENCH, NEW DELHI19 Mar 2025The assessee, Munish Kumar Verma, is an individual engaged in share trading and investing activities. He filed his Return of Income on 29.09.2012 declaring NIL income and claimed Rs 82,21,809/- as loss. The return was selected for scrutiny …
Read summaryTrans Metalite India Limited Vs. Assessment Unit, Income Tax Department, ACIT, Circle -25 (1) Delhi
ITA No.5228/Del/2024Delhi Bench12 Mar 2025The assessee, Trans Metalite India Limited, filed its return of income for the Assessment Year 2019-20 on 30-10-2019 declaring a total income of Rs 6,74,546/-. During verification, it was found that the assessee received unsecured loans amo…
Read summaryIncome Tax Officer vs Anil Kumar Jain
ITA No.4529/Del/2024Delhi Bench12 Mar 2025The assessee, Anil Kumar Jain, is an individual engaged in the business of trading electronic capacitors and Grade MPP films under his proprietary firm, M/s Jainco Marketing Company. The case was selected for scrutiny under CASS due to cash…
Read summaryIncome Tax Officer, New Delhi. Vs. Bimal Jewellers, Delhi.
ITA No:- 2115/Del/2024Delhi Bench12 Mar 2025The case involves Bimal Jewellers, engaged in the business of sale and purchase of gold, which deposited cash amounting to Rs. 2,19,60,000/- in its bank accounts during the demonetization period, out of which Rs. 1,97,00,000/- was deposited…
Read summarySatya Pal Shiv Kumar Vs ACIT, Circle-47(1), New Delhi
ITA No.3736/Del/2023Delhi Bench12 Mar 2025The assessee, M/s Satya Pal Shiv Kumar, a partnership firm, filed the return of income for AY 2017-18 declaring taxable income at Rs. 5,80,82,670/-. The case was selected for complete scrutiny, particularly examining large cash deposits dur…
Read summaryDy. Commissioner of Income Tax, Circle 49(1), Delhi. Vs. Sh. Bal Kishan Arora
ITA No:- 1814/Del/2023Delhi Bench12 Mar 2025The case involves the purchase and sale of 50,000 shares of M/s Gold Line Finvest International Ltd. by the assessee, Sh. Bal Kishan Arora. The shares were purchased on 15.01.2013 for Rs. 5 lakhs and sold between 29.04.2014 to 07.05.2014 fo…
Read summaryITA No.2665/Del/2022
ITA No.2665/Del/2022E BENCH, DELHI12 Mar 2025The assessee, M/s Shiv Naresh Sports Pvt. Ltd., engaged in manufacturing and trading of sportswear and sports goods, filed its return of income for Assessment Year 2017-18 declaring a total income of Rs.2,90,49,410/-. The case was selected …
Read summarySanjay vs. ITO, Ward-2
ITA No. 3243/Del/2024Delhi Bench10 Mar 2025The assessee, Sanjay, deposited cash of Rs. 28,50,000/- in his bank account maintained with Corporation Bank, Rohtak during the Assessment Year 2012-13. Since the assessee failed to file the return of income under section 139(1), he was req…
Read summaryVipul Mittal v. DCIT
ITA No. 1052/Del/2025Delhi Bench7 Mar 2025This appeal, ITA No. 1052/Del/2025, filed by the assessee Vipul Mittal for the Assessment Year 2014-15, arises from the appellate order dated 29.01.2025 passed by the learned Commissioner of Income Tax (Appeals), NFAC, Delhi under section 2…
Read summaryNational Steels Vs. ITO, Ward-46(1), Delhi
ITA No. 2595/Del/2024Delhi Bench7 Mar 2025The case involves National Steels, a partnership firm with PAN AAAFN2899Q, which claims to have dissolved in 2002 and converted into a proprietary concern owned by Shri Kishan Lakhani. No return of income was filed for the assessment year 2…
Read summarySuresh Chand vs. Income Tax Officer
ITA No.2922/Del/2023Delhi Bench ‘G’: New Delhi7 Mar 2025The assessee, Suresh Chand, is an individual and proprietor of M/s Suresh Chand Subhash Chand, engaged in trading agriculture produce. The return of income for the year under appeal was filed declaring total income at Rs. 3,55,820/-. A surv…
Read summaryDeputy Commissioner of Income Tax, Central Circle -31, New Delhi. Vs. M/s SRC Realtech Pvt. Ltd., M/s Pyramid Buildtech Pvt. Ltd., M/s SRC Buildtech Pvt. Ltd.
ITA No:- 1307/Del/2021, 1312/Del/2021, 1315/Del/2021Delhi Bench7 Mar 2025The case involves three companies: M/s SRC Buildtech Pvt. Ltd, SRC Realtech Pvt. Ltd, and Pyramid Buildtech Pvt. Ltd, all belonging to the SRC group. A search and seizure action under Section 132 was conducted on 14.09.2017 at various busin…
Read summaryKrishan Kumar Gupta Vs. National Faceless Assessment Centre, Delhi
ITA No. 436/DEL/2024Delhi ‘C’ Bench5 Mar 2025This appeal by the Assessee, Krishan Kumar Gupta, is preferred against the order of the Learned National Faceless Assessment Centre (NFAC), Delhi, dated 11.12.2023 pertaining to Assessment Year 2013-14. The appellant contested the order of …
Read summarySudha Agarwal vs. Asst. CIT
ITA No.1658/Del/2024Delhi Bench 'G', New Delhi5 Mar 2025The assessee, Sudha Agarwal, is an individual and proprietor of M/s Shreeji Diamond World, engaged in the business of trading diamond jewellery on a retail basis. The return of income for the year under appeal was filed on 19/06/2017 declar…
Read summaryM/s T. C. Agro Food Industries Vs Income Tax Officer
ITA No. 5719/Del/2024 & ITA No. 3341/Del/2025Delhi Bench ‘E’9 Jan 2026The case involves two appeals by M/s T. C. Agro Food Industries against the orders of the CIT(A)/NFAC, Delhi and the PCIT, Rohtak for Assessment Year 2018-19. The assessing authority had framed section 147 r.w.s. 144B assessment treating ce…
Read summarySurajmal Garg Metals Pvt. Ltd. Vs. Income Tax Officer, Ward-24(4), Delhi
ITA No.5307/Del/2025Delhi Bench15 Jan 2026The assessee, Surajmal Garg Metals Pvt. Ltd., is engaged in the metal trading of copper, aluminum, brass-sheets, and scraps. It has obtained VAT registration and is recognized as a wholesaler and retailer. The case pertains to the assessmen…
Read summary