Sh. Suresh Chand Singhal Vs. Income Tax Officer, Ward-53(2), Delhi
Case No: ITA No.8207/Del/2025
Court: INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH
Date: 1/19/2026
Parties Involved
appellantSh. Suresh Chand Singhal
respondentIncome Tax Officer, Ward-53(2), Delhi
Facts Summary
The assessee, Sh. Suresh Chand Singhal, appealed against the order of the Commissioner of Income Tax (Appeals)/National Faceless Appeal Centre [CIT(A)/NFAC], Delhi, involving proceedings under section 143(3) of the Income-tax Act, 1961. The assessee challenged the addition of Rs. 9,04,500/- under section 69A read with section 115BBE, which represented his cash deposit during demonetization. The assessee claimed to have withdrawn a total cash of Rs. 12.07 lakhs in the relevant previous year, whic…
Decision in favour of
Assessee
Legal Issues
- 1. Validity of the addition of Rs. 9,04,500/- under section 69A read with section 115BBE
- 2. Assessment under section 115BBE
Precedents Relied Upon
1 precedent cited in this judgement.