Shri Sushil Kumar Jain vs. The ITO, Ward 7(2), Jaipur

Parties Involved

Facts Summary

The assessee, Shri Sushil Kumar Jain, filed an appeal against the order of the ld. CIT(A) dated 24-01-2024 for the assessment year 2009-10. The assessee raised three grounds of appeal, primarily challenging the reopening of the case under section 148, the addition made by the Assessing Officer, and the confirmation of the addition by the ld. CIT(A). The assessee argued that he was not the owner of the property in question but had sold it as a power of attorney holder for Akansha Gupta. The assessee filed a late appeal due to medical emergencies, which was condoned by the bench.…

Legal Issues

• 1. The legality of the reopening of the case under section 148.
• 2. The validity of the addition made by the Assessing Officer and confirmed by the ld. CIT(A).

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

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