Shilpa Gupta Vs. Income-tax Officer
Case No: ITA No.1905/Del/2024
Court: INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH ‘G’, NEW DELHI
Date: 2/19/2025
Parties Involved
appellantShilpa Gupta
respondentIncome-tax Officer, Ward 70(4), Delhi
Facts Summary
The assessee, Shilpa Gupta, is an individual working as an executive in a Chartered Accountant Firm. For the assessment year 2017-18, she filed her return of income declaring a Gross Total Income of Rs. 3,37,615/- and Taxable Income of Rs. 2,75,660/-. The income comprised of salary and interest & other income. The assessee claimed various deductions under sections 80C and 80TTA. She received gifts and earned tuition fees during the financial year 2016-17. She withdrew substantial amounts from he…
Decision in favour of
Assessee
Legal Issues
- 1. Confirmation of Rs.14,01,500 made by the Assessing Officer under Section 69A of the Act
- 2. Application of tax rate as per section 115EE of the Act
1 more legal issue analysed in this judgement.