Sh. Nitin Gupta vs. Income Tax Officer, Ward-45(1), Delhi
Case No: ITA No.155/Del/2026
Court: Income Tax Appellate Tribunal, Delhi Bench
Bench: Delhi Bench
Date: 2/9/2026
Parties Involved
appellantSh. Nitin Gupta
respondentIncome Tax Officer, Ward-45(1), Delhi
Facts Summary
The assessee’s appeal for assessment year 2018-19 arises against the Commissioner of Income Tax (Appeals)/National Faceless Appeal Centre [in short, the “CIT(A)/NFAC”], Delhi’s DIN and order no. ITBA/NFAC/S/250/2025-26/1083176385(1), dated 01.12.2025 involving proceedings under section 143(3) of the Income-tax Act, 1961. Both parties treated the assessee’s purchase amount in immovable property to the tune of Rs.12.19 lakhs as unexplained under section 69A of the Act. However, the assessee had re…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the purchase amount in immovable property should be treated as unexplained under section 69A of the Income-tax Act, 1961.