Sonal Jain Vs. Commissioner of Income Tax (Appeals)
Case No: ITA No. 7162/DEL/2025 (A.Y.2016-17)
Court: Income Tax Appellate Tribunal, Delhi Bench
Date: 1/14/2026
Parties Involved
appellantSonal Jain
respondentCommissioner of Income Tax (Appeals), Delhi
Facts Summary
The assessee, Sonal Jain, was employed in the UK and was a non-resident during the relevant period. Assessment proceedings under section 147 of the Income Tax Act, 1961 were initiated after receiving information that the assessee had purchased immovable property for Rs. 37,39,427. A notice under section 148 of the Act was issued, to which the assessee responded by filing a return of income declaring income of Rs. 1,07,249. During the assessment, the Assessing Officer (AO) noted cash deposits tot…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the addition of Rs. 1,97,800 by the AO for unexplained cash deposits is justified?
Precedents Relied Upon
2 precedents cited in this judgement.