DINESH AGARWALA,SILIGURI vs. A.C.I.T., CIRCLE - 1,, SILIGURI

ITA 1501/KOL/2026Status: HeardITAT Kolkata03 September 2026AY 2017-20186 pages

No AI summary yet for this case.

Income Tax Appellate Tribunal, “A” BENCH, KOLKATA

For Appellant: Shri Soumira Choudhury
For Respondent: Shri Santanu Ghosh, DR
Hearing: 20.07.2026Pronounced: 03.09.2026

Per Rajesh Kumar, AM:

This is an appeal preferred by the assessee against the order of the National Faceless Appeal Centre, Delhi (hereinafter referred to as the “Ld. CIT(A)”] dated 10.03.2026 for the AY 2017-18. 2. The only issue raised by the assessee at the time of hearing in ground nos. 5,6,7,8,9,10,11 is against the order of ld. CIT (A) confirming the addition of ₹2,50,00,000/- as made by the ld. AO u/s 68 of the Act as unexplained cash credit in respect of unsecured loan received from M/s Narayan Mercantile Pvt. ltd. Dinesh Agarwal, Siliguri; A.Y. 2017-18

3.

The facts in brief are that the assessee filed the return of income on 05.08.2017, declaring total income at ₹1,61,94,080/-. The case

The order continues below.

Read the full judgment

A free account opens 10 full judgments a month. Re-reading one you have already opened does not count again.

The summary, the parties, the sections and the citations above are open to everyone and always will be. Only the text of the order and the PDF are metered.