Suresh Chand Goel Vs. Income Tax Officer
Case No: ITA No.4379/Del/2025
Court: Income Tax Appellate Tribunal, Delhi Benches
Date: 1/28/2026
Parties Involved
appellantSuresh Chand Goel
respondentIncome Tax Officer
Facts Summary
The facts of the case revolve around the seizure of 42 gunny bags by the Directorate of Income-tax (Inv.), Ahmedabad, containing documents that revealed an unaccounted money lending business of Asharam Bapu and his associates. During post-search proceedings, several beneficiaries, including Suresh Chand Goel, were identified. A survey action conducted on the office premises of Shri Sant Lal Aggarwal led to the discovery of corroborative evidence involving Suresh Chand Goel. The Assessing Officer…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the addition of Rs.77,88,000 made by the Assessing Officer is justified.
Precedents Relied Upon
4 precedents cited in this judgement.