INCOME TAX OFFICER, WARD-1(2)(1), SURAT, SURAT vs. DARSHAN ISHWARBHAI CHALODIYA, SURAT

ITA 202/SRT/2025Status: DisposedITAT Surat02 September 2026AY 2015-165 pages

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Income Tax Appellate Tribunal, SURAT BENCH, SURAT

For Appellant: Shri Jimi Modi, CA
For Respondent: Shri Ashish Kumar, Sr. DR
Hearing: 22.06.2026Pronounced: 02.09.2026

PER : SUCHITRA KAMBLE, J M:

The appeal filed by the Revenue is against the order passed by the Learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi [in short “CIT(A)”] dated 20.01.2025 for the Assessment Year (in short “AY”) 2015-16. 2. The Revenue has raised the following grounds of appeal: “i. On the facts and circumstances of the case and in law, the Ld. CIT(A) has erred in deleting the addition of Rs. 12,31,956/- made on account of unsecured loan u/s.68 of the income tax Act, 1961 when assessee failed to offer any satisfactory explanation about the unsecured loan credited in the books of accounts of the assessee and also not submit

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