Seemsan Impex Pvt. Ltd. Vs. DCIT, CC-29
Case No: ITA Nos. 468 to 470/Del/2025
Court: Income Tax Appellate Tribunal
Bench: B Bench, Delhi
Date: 2/18/2026
Parties Involved
appellantSeemsan Impex Pvt. Ltd.
respondentDCIT, CC-29
Facts Summary
During the years 2016-17 to 2018-19, the appellant, Seemsan Impex Pvt. Ltd., was engaged in trading gold and jewellery. The case was subject to search assessment under Section 153C of the Income-tax Act, 1961. Search and seizure was carried out on Himanshu Verma on 13.04.2017. It was allegedly found that various shell companies were being operated and managed by him for providing accommodation entries in lieu of commission. The assessee has alleged to have received credits from bogus companies c…
Decision in favour of
Assessee
Legal Issues
- 1. Addition of Rs.25,48,723/- as commission income.
Precedents Relied Upon
2 precedents cited in this judgement.