PARDEEP SINGH BHANDARI,KARAMPURA vs. ITO WARD 41(5) NEW DELHI, ITO,DELHI
Income Tax Appellate Tribunal, DELHI BENCH ‘SMC’, NEW DELHI
Before: Sh. Satbeer Singh Godara
This assessee’s appeal for Assessment Year 2011-12, arises against the CIT(A)/NFAC, Delhi’s DIN & Order No.
ITBA/NFAC/S/250-2024-25/1068693608(1) dated 13.09.2024, in proceedings u/s 147/144 of the Income Tax Act, 1961 (in short “the Act”).
2. Heard both the parties at length. Case file perused.
3. So far as the assessee’s sole substantive ground herein challenging both the lower authorities’
action making unexplained investments addition of Rs.
20,84,760/- representing credit card expenditure is concerned, it is noticed during the course of hearing that the Assessing Officer had fairly accepted in his remand report dated 27.6.2023 (Page no.
27-28 in the paper book) that the same stands duly explained by the appellant / assessee.
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4. This being the clinching fact emerging from the case file, I hereby quote
5. This assessee’s appeal is allowed.
Order Pronounced in the Open Court on 21/04/2025. (Satbeer Singh Godara)
Judicial Member
Dated: 21/04/2025
SR BHATNAGAR