Browse Tax Judgements
Showing 1–20 of 37 judgements · Browse by section & bench
Free to read — no signup required. Every judgement includes the facts, legal issues, outcome and related cases. Create a free account for AI chat, drafting and workspaces.
Satish Batra Vs. ACIT
The appeal is filed by the assessee against the order of Ld. Commissioner of Income Tax (Appeals)/National Faceless Appeal Centre (NFAC), Delhi dated 15.04.2025 for AY 2015-16. The assessee submitted that the notice u/s 148 of the Income Ta…
Rahul Khaitan vs. Assessment Unit, Income Tax Department, New Delhi
The appeal in ITA No.2958/Del/2025 for AY 2015-16, arises out of the order of the National Faceless Appeal Centre (NFAC), Delhi dated 04.03.2025 against the order of assessment passed u/s 147 r.w.s. 144B of the Income-tax Act, 1961 dated 25…
Late Smt. Shashi Mittal vs Assessing Officer, Ward-2(3)
The assessee had reportedly sold shares of CCL International Ltd. for Rs.1,69,67,437/-. The assessee had bought these shares for Rs.66,000/- and declared Long Term Capital Gains under section 10(38) of the Act amounting to Rs.1,69,01,437/-.…
Compass India Holidays Pvt. Ltd. Vs Income Tax Officer
During the year, the assessee company was engaged in the business of Tour operators for inbound Tourist. Return declaring loss of Rs. (11,74,002)/- was e-filed by the assessee company on 30.09.2015 which was processed u/s 143(1) of the I.T.…
ACIT, Circle 52(1), New Delhi vs M/s Roopchand Jewellers
The assessee, M/s Roopchand Jewellers, participated in the 36th Mideast Watch & Jewellery Show in Sharjah, UAE, taking 263 items of jewellery valued at Rs.12,95,07,554/- for exhibition. Only a small portion was sold, and the unsold items we…
Sandeep Kapur vs. Commissioner Income Tax (A)
The assessee filed a return of income claiming Rs.64,56,546/- as exempt income from LTCG from transactions on which STT was paid. The Department identified some BSE listed penny stocks as bogus, leading to the re-opening of the case and iss…
M/s. Kanha Softech Pvt. Ltd. Vs. ACIT, Central Circle-I, Noida
The assessee’s appeal for assessment year 2015-16 arises against the Commissioner of Income Tax (Appeals)-3, Delhi’s order dated 18.10.2024 passed in case no. CIT(A), Kanpur-4/10273/2014-15, involving proceedings under section 147 r.w.s. 14…
Sh. Ankit Agarwal vs. Income Tax Officer, Noida
The assessee’s appeal for assessment year 2015-16 arises against the Commissioner of Income Tax (Appeals)/National Faceless Appeal Centre [in short, the “CIT(A)/NFAC”], Delhi’s DIN and order no. ITBA/NFAC/S/250/2025-26/1082184649(1), dated …
Bhavya Gold Pvt. Ltd vs. DCIT
The assessee's appeal for assessment year 2015-16 arises against the Principal Commissioner of Income Tax (Appeals)-31's order dated 04.11.2025 passed in case no. CIT(A), Delhi-29/10641/2014-15, involving proceedings under section 147 of th…
Jan Kalyan Samiti vs. ITO Ward Exemption
The assessee, Jan Kalyan Samiti, filed a return of income declaring NIL income for AY 2015-16. The case was selected for scrutiny, and the Assessing Officer disallowed an investment of Rs. 69,00,000/- in shares of M/s RPL Capital Finance Lt…
Home Concepts vs Deputy Commissioner of Income Tax, Central Circle-2
The assessee, Home Concepts, filed an appeal against the order of the ld. CIT(A)-23, New Delhi. The assessment was framed by the Deputy Commissioner of Income Tax, Central Circle-2, New Delhi, for Assessment Year 2015-16 under section 153C …
Sh. Inder Chand Bajaj Vs. DCIT
The original return in this case was filed on 28.03.2016 declaring income of Rs.3,24,930/- which was processed u/s 143(1) of the Income Tax Act, 1961. A search and seizure operation was carried out at the various premises of Bajaj Group and…
Jagdish Lal, Prop. M/s Jagdish Cycle Store, Charkhi Dadri, Bhiwani-127306 Vs Income-tax Officer, Charkhi Dadri
The assessee, Jagdish Lal, filed his return on 8.9.2015 under Section 139(1) of the Income Tax Act, 1961, declaring total income at Rs. 8,19,360/-. It was later found that the assessee had taken accommodation entries of Rs. 11,60,000/- from…
Prakash and Sh. Ram Dass vs. ITO
The case involves two assessees, Prakash and Sh. Ram Dass, who sold their respective agricultural lands situated in the village Daulatpur, Tehsil Kapashera, New Delhi, during the previous year. The lower authorities considered these lands a…
ZAD Education Society Vs. CIT(E)
The assessee, ZAD Education Society, filed an appeal against the Commissioner of Income Tax (Exemption) [CIT(E)], Chandigarh’s order dated 26.02.2021, which revised the regular assessment under section 263 of the Income-tax Act, 1961. The o…
AL-MANSA Trademart Pvt. Ltd. Vs. Joint Commissioner of Income Tax
This appeal by AL-MANSA Trademart Pvt. Ltd. is directed against the order of the National Faceless Appeal Centre, Delhi, dated 30.09.2023 for Assessment Year 2015-16. The appellant's counsel argued that both the Assessing Officer (AO) and t…
Vikas Chugh Vs ACIT (OSD), Karnal
The assessee, Vikas Chugh, filed a return of income declaring income of Rs.2,69,210/-. His case was selected for scrutiny, and mandatory notices were issued. The case was examined regarding the source of a deposit of Rs.52.26 lakhs in his I…
Sachin Gupta Vs DEL-C (67)(1)
This appeal is preferred by the assessee, Sachin Gupta, against the order dated 05.06.2024 of the Commissioner of Income-tax (Appeals), National Faceless Appeal Centre, arising out of the appeal before it against the order dated 24.05.2023 …
Om Prakash Tantia Vs. DCIT
The assessee filed a return of income declaring income of Rs 31,46,470/-. A search was conducted at the residential and business premises of the assessee on 18.11.2015. Certain documents were found and seized during the search. Subsequently…
Pinki Jatwani Vs. Income Tax Officer, Ward-2(1), Faridabad
The assessee, Pinki Jatwani, a proprietorship earning income from business, had been regularly filing her return of income along with audited business statements. For the assessment year 2015-16, the Income Tax Officer sought to reopen the …