Sunita Chaudhary Vs. The A.C.I.T
Case No: ITA No. 3398/DEL/2018, ITA No. 3400/DEL/2018, ITA No. 3401/DEL/2018
Court: INCOME TAX APPELLATE TRIBUNAL, DELHI ‘B’ BENCH
Date: 2/14/2025
Parties Involved
appellantSunita Chaudhary
respondentThe A.C.I.T
Facts Summary
The assessee, Sunita Chaudhary, is a resident individual engaged in the business of running a milk dairy. A search and seizure operation under section 132 of the Income-tax Act, 1961 was conducted on the Karan Luthra group of assessees on 14.03.2014. During the search operation, some documents/information relating to the assessee were found and seized. Thereafter, a consequential search was conducted at the premises of the assessee on 29.04.2014. Based on the seized documents, assessment orders …
Decision in favour of
Assessee
Legal Issues
- 1. Whether the addition of Rs. 3,85,594/- on account of unexplained deposit in Muthoot Finance Bank Ltd. is valid.
- 2. Whether the addition of Rs. 10,71,000/- on account of unexplained cash deposit in the bank is valid.
2 more legal issues analysed in this judgement.