ACIT v. Kisco

44 Taxmann.com 356High Court2014#2575 most cited
45

judgments rely on this decision, according to BharatTax’s citation analysis of 366,339 Indian tax judgments — from 2019 to 2025.

Sections most often in play

Section 68Section 148Section 132Section 143(2)Section 143(3)Section 153ASection 153CSection 234B

Issues it is cited on

source of sourcecreditworthiness of the creditorcash found during searchbogus share capitalpaper companysection 31section 251(2)share capital and share premiumpreponderance of probabilityinterest u/s 234clive linksection 251(1)(a)

Judgments citing ACIT v. Kisco

ITO-28(1), Civic Center New Delhi vs. Arpitam Builders LLP, South Delhi

ITA 1368/DEL/2025[2022-23]Status: DisposedITAT Delhi07 Nov 2025AY 2022-23

Bench: Shri Sudhir Kumar & Shri Manish Agarwal[Assessment Year : 2022-23] Ito, Vs Arpitam Builders Llp G-3, Ward 28(1), 2Nd Floor, Maharani E-2 Block, Bagh, East Of Kailash, Civic Center. Delhi-110065. New Delhi-110002 Pan: Abqfa2725F Appellant Respondent Appellant By Shri Dayainder Singh Sidhu, Cit Dr Respondent By Shri Mayank Patwari & Shri Akash Ojha, Advocates Date Of Hearing 18.08.2025 Date Of Pronouncement 07.11.2025 Order Per Manish Agarwal, Am :

Section 143(3)Section 250Section 68

…ITA No.1368/Del/2025 THE INCOME TAX APPELLATE TRIBUNAL DELHI “C” BENCH: NEW DELHI BEFORE SHRI SUDHIR KUMAR, JUDICIAL MEMBER & SHRI MANISH AGARWAL, ACCOUNTANT MEMBER [Assessment Year : 2022-23] ITO, vs ARPITAM BUILDERS LLP G-3, Ward 28(1), 2ND FLOOR, MAHARANI E-2 BLOCK, BAGH, EAST OF KAILASH, CIVIC CENTER. DELHI-110065. NEW DELHI-110002 PAN: ABQFA2725F APPELLANT RESPONDENT Appellant by Shri Dayainder Singh Sidhu, CIT DR Respondent by Shri Mayank Patwari & Shri Akash Ojha, Advocates Date of Hearing 18.08.2025 Date of Pronouncement 07.11.2025 ORDER PER MANISH AGARWAL, AM : The present appeal is filed by revenue…

Sh. Baljinder Kumar Aggarwal 171, Model Town Ludhiana, Punjab vs. Jatin Abbi the Assistant Commissioner of Income Tax Circle-1 Ludhiana, Punjab

In the result, appeal of the Assessee is partly allowed

ITA 689/CHANDI/2024[2012-2013]Status: DisposedITAT Chandigarh17 Sept 2025AY 2012-2013

Bench: Shri Rajpal Yadav & Shri Manoj Kumar Aggarwalआयकर अपील सं./ Ita No. 689/Chd/2024 िनधा"रण वष" / Assessment Year : 2012-13 बनाम Shri Baljinder Kumar Aggarwal, The Acit, 171, Model Town, Circle-1, Vs Ludhiana. Ludhiana. "थायी लेखा सं./Pan /Tan No: Bmcpk7473A अपीलाथ"/Appellant ""यथ"/Respondent िनधा"रती क" ओर से/Assessee By : Shri Sudhir Sehgal, Advocate राज"व क" ओर से/ Revenue By : Shri Manav Bansal, Cit, Dr तारीख/Date Of Hearing : 21.08.2025 उदघोषणा क" तारीख/Date Of Pronouncement : 17.09.2025

For Appellant: Shri Sudhir Sehgal, AdvocateFor Respondent: Shri Manav Bansal, CIT, DR
Section 10(38)Section 143(1)Section 148

…आयकर अपीलीय अिधकरण,च"डीगढ़ "यायपीठ , च"डीगढ़ IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BENCH ‘A’ CHANDIGARH BEFORE SHRI RAJPAL YADAV, VICE PRESIDENT AND SHRI MANOJ KUMAR AGGARWAL, ACCOUNTANT MEMBER आयकर अपील सं./ ITA No. 689/CHD/2024 िनधा"रण वष" / Assessment Year : 2012-13 बनाम Shri Baljinder Kumar Aggarwal, The ACIT, 171, Model Town, Circle-1, VS Ludhiana. Ludhiana. "थायी लेखा सं./PAN /TAN No: BMCPK7473A अपीलाथ"/Appellant ""यथ"/Respondent िनधा"रती क" ओर से/Assessee by : Shri Sudhir Sehgal, Advocate राज"व क" ओर से/ Revenue by : Shri Manav Bansal, CIT, DR तारीख/Date of Hearing : 21.08.2025 उदघोषणा क" तारीख…

Income Tax Officer Ward-16(3), Delhi ITO vs. Mansarover Exim Pvt. Ltd., Delhi

ITA 1275/DEL/2024[2012-13]Status: DisposedITAT Delhi30 Jul 2025AY 2012-13

Bench: Ms.Madhumita Roy & Shri Manish Agarwal[Assessment Year : 2012-13] Ito, Vs Mansarover Exim Pvt.Ltd., Ward-16(3), 2, First Floor, Pocket-H-34, Delhi Plot No.35, Sector-3, Rohini, New Delhi-110085. Pan-Aaecm9328A Appellant Respondent Revenue By Ms. Amisha S.Gupta, Cit Dr Assessee By Shri Rohit Jain, Adv., Shri Shourya Jain, Ca & Shri Deepesh Jain, Adv. Date Of Hearing 06.05.2025 Date Of Pronouncement 30.07.2025 Order

Section 131Section 133(6)Section 142(1)Section 143(2)Section 143(3)Section 250Section 68

…ITA No.1275/Del/2024 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI “E” BENCH: NEW DELHI BEFORE MS.MADHUMITA ROY, JUDICIAL MEMBER & SHRI MANISH AGARWAL, ACCOUNTANT MEMBER [Assessment Year : 2012-13] ITO, vs Mansarover Exim Pvt.Ltd., Ward-16(3), 2, First Floor, Pocket-H-34, Delhi Plot No.35, Sector-3, Rohini, New Delhi-110085. PAN-AAECM9328A APPELLANT RESPONDENT Revenue by Ms. Amisha S.Gupta, CIT DR Assessee by Shri Rohit Jain, Adv., Shri Shourya Jain, CA & Shri Deepesh Jain, Adv. Date of Hearing 06.05.2025 Date of Pronouncement 30.07.2025 ORDER PER MANISH AGARWAL, AM : The present appeal is filed by the Revenue a…

ACIT, New Delhi vs. Filatex India Limited, Delhi

ITA 5000/DEL/2024[2015-16]Status: DisposedITAT Delhi30 Jun 2025AY 2015-16

Bench: Shri Satbeer Singh Godara & Shri Manish Agarwal

…ITA Nos.4635, 5000, 2060, 4999, 4648, 3988, 2061, 1455, 2062 & 1456/Del/2024 & C.O.Nos.11, 32, 33, 34/Del/2025 & 89, 90 & 91/Del/2024 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘B’, NEW DELHI BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER & SHRI MANISH AGARWAL, ACCOUNTANT MEMBER ITA Nos.4635, 5000, 2060, 4999, 4648, 3988, 2061, 1455, 2062 & 1456/Del/2024 & C.O.Nos.11, 32, 33, 34/Del/2025 & 89, 90 & 91/Del/2024 (Assessment Years 2013-14, 2015-16, 2016-17, 2017-18, 2019-20, 2020-2 & 2021-22) S1. No ITA/CO No(s) Asst. Year(s) Appeal(s) by Appellant vs. Respondent Appellant Respondent 1. 4635/Del/2024 2013-1…

ACIT, New Delhi vs. Animate Infrastructure Private Limited, Delhi

ITA 4850/DEL/2024[2016-17]Status: DisposedITAT Delhi30 Jun 2025AY 2016-17

Bench: Shri Satbeer Singh Godara & Shri Manish Agarwal

Section 132Section 143(1)Section 143(2)Section 148

…ITA Nos. 4850/Del/2024 & C.O.Nos.14 & 20/Del/2025 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘B’, NEW DELHI BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER & SHRI MANISH AGARWAL, ACCOUNTANT MEMBER ITA Nos. 4850/Del/2024 & C.O.Nos.14 & 20/Del/2025 (Assessment Year 2016-17) Sl. ITA/CO No(s) Asst. Appeal(s) by No Year(s) Appellant vs. Respondent Appellant Respondent 1. 4850/Del/2024 2016-17 ACIT, Animate Room No.-261A, Infrastructure ARA Centre, Pvt.Ltd., Jhandewalan 43, Community Extension, Centre, New New Delhi Friends Colony, Delhi-110025. PAN-AAFCA5533Q 2. C.O-14/Del/2025 2016-17 Animate ACIT, Infrastr…

ACIT, Delhi vs. Grand Estate LLP, Delhi

In the result, appeal of the Revenue in ITA No

ITA 4740/DEL/2024[2018-19]Status: DisposedITAT Delhi30 Jun 2025AY 2018-19

Bench: Shri Satbeer Singh Godara & Shri Manish Agarwal

Section 132Section 143(1)Section 143(2)Section 147Section 148

…ITA Nos.4729, 4737, 4740, 1389/Del/2024 & C.O.Nos.29, 30, 31/Del/2025 & 92/Del/2024 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘B’, NEW DELHI BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER & SHRI MANISH AGARWAL, ACCOUNTANT MEMBER ΙΤΑ Nos.4729, 4737, 4740, 1389/Del/2024 & C.O.Nos.29, 30, 31/Del/2025 & 92/Del/2024 (Assessment Years 2016-17, 2017-18, 2018-19 & 2021-22) | Sl. No | ITA/CO No(s) | Asst. Year(s) | Appeal(s) by Appellant | vs. Respondent Appellant | Respondent -- | -- | -- | -- | -- 1. | 4729/Del/2024 | 2016-17 | ACIT, Delhi | Grand Estates LLP, B-66, Defence Colony, South Delhi, Delhi-110024…

ACIT, Dlehi vs. Grand Estates LLP, Delhi

ITA 4737/DEL/2024[2017-18]Status: DisposedITAT Delhi30 Jun 2025AY 2017-18

Bench: Shri Satbeer Singh Godara & Shri Manish Agarwal

Section 132Section 143(1)Section 143(2)Section 147Section 148

…ITA Nos. 4729, 4737, 4740, 1389/Del/2024 & C.O.Nos. 29, 30, 31/Del/2025 & 92/Del/2024 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘B’, NEW DELHI BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER & SHRI MANISH AGARWAL, ACCOUNTANT MEMBER ITA Nos. 4729, 4737, 4740, 1389/Del/2024 & C.O.Nos. 29, 30, 31/Del/2025 & 92/Del/2024 (Assessment Years 2016-17, 2017-18, 2018-19 & 2021-22) Sl. ITA/CO No(s) Asst. Appeal(s) by No Year(s) Appellant vs. Respondent Appellant Respondent 1. 4729/Del/2024 2016-17 ACIT, Grand Estates LLP, Delhi B-66, Defence Colony, South Delhi, Delhi-110024. PAN-AAMFG4277F 2. C.O-29/Del/2025 2016…

ACIT, Delhi vs. Grand Estates LLP, Delhi

ITA 4729/DEL/2024[2016-17]Status: DisposedITAT Delhi30 Jun 2025AY 2016-17

Bench: Shri Satbeer Singh Godara & Shri Manish Agarwal

Section 132Section 143(1)Section 143(2)Section 147Section 148

…ITA Nos. 4729, 4737, 4740, 1389/Del/2024 & C.O.Nos. 29, 30, 31/Del/2025 & 92/Del/2024 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘B’, NEW DELHI BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER & SHRI MANISH AGARWAL, ACCOUNTANT MEMBER ITA Nos. 4729, 4737, 4740, 1389/Del/2024 & C.O.Nos. 29, 30, 31/Del/2025 & 92/Del/2024 (Assessment Years 2016-17, 2017-18, 2018-19 & 2021-22) Sl. ITA/CO No(s) Asst. Appeal(s) by No Year(s) Appellant vs. Respondent Appellant Respondent 1. 4729/Del/2024 2016-17 ACIT, Grand Estates LLP, Delhi B-66, Defence Colony, South Delhi, Delhi-110024. PAN-AAMFG4277F 2. C.O-29/Del/2025 2016…

DCIT Central Circle 4, New Delhi vs. Grand Estate LLP, New Delhi

ITA 1389/DEL/2024[2021-22]Status: DisposedITAT Delhi30 Jun 2025AY 2021-22

Bench: Shri Satbeer Singh Godara & Shri Manish Agarwal

Section 132Section 143(1)Section 143(2)Section 147Section 148

…ITA Nos.4729, 4737, 4740, 1389/Del/2024 & C.O.Nos.29, 30, 31/Del/2025 & 92/Del/2024 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘B’, NEW DELHI BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER & SHRI MANISH AGARWAL, ACCOUNTANT MEMBER ITA Nos.4729, 4737, 4740, 1389/Del/2024 & C.O.Nos.29, 30, 31/Del/2025 & 92/Del/2024 (Assessment Years 2016-17, 2017-18, 2018-19 & 2021-22) S1. No ITA/CO No(s) Asst. Year(s) Appeal(s) by Appellant vs. Respondent Respondent 1. 4729/Del/2024 2016-17 ACIT, Delhi Grand Estates LLP, B-66, Defence Colony, South Delhi, Delhi-110024. PAN-AAMFG4277F 2. C.O-29/Del/2025 2016-17 ACIT, Delhi…

Income Tax Officer-1, Morena vs. Shri Agrasen Logistics, Jotai Road, Porsa

In the result, the appeal of the Revenue is dismissed

ITA 108/AGR/2025[2022-23]Status: DisposedITAT Agra24 Jun 2025AY 2022-23

Bench: Shri Sunil Kumar Singh & Shri Manish Agarwal

Section 143(2)Section 143(3)Section 250Section 68

…ITA No.108/AGR/2025 ITO Vs. Shri Agrasen Logistics THE INCOME TAX APPELLATE TRIBUNAL AGRA BENCH: AGRA BEFORE SHRI SUNIL KUMAR SINGH, JUDICIAL MEMBER AND SHRI MANISH AGARWAL, ACCOUNTANT MEMBER ITA No.108/AGR/2025 (ASSESSMENT YEAR: 2022-23) Income Tax Officer-1 Morena, (M.P.) Shri Agrasen Logistics, In front of Old Rajput Vs. Hotel, A.B. Road, Morena-476001 (M.P.) (Appellant) PAN-AEIFS3236E (Respondent) Assessee by Shri Sudhir Sehgal Adv. & Shri Ashok Vijaywargiya, CA Department by Shri Sukesh Kumar Jain, CIT- DR Date of Hearing 21/05/2025 Date of Pronouncement 24/06/2025 ORDER PER MANISH AGARWAL, AM: This appeal i…

Avi Aggarwal, H.No. 171-R, Model Town, Ludhiana, Punjab vs. Assessment Unit NFAC, Delhi, Jao ITO Ward6(1), Aayakar Bhawan, Rishi Nagar, Ludhiana, Punjab

ITA 971/CHANDI/2024[2012-13]Status: DisposedITAT Chandigarh23 Jun 2025AY 2012-13

Bench: SHRI. RAJPAL YADAV (Vice President), SHRI. KRINWANT SAHAY (Accountant Member)

For Appellant: Shri Sudhir Sehgal, AdvocateFor Respondent: Shri Manav Bansal, CIT, DR
Section 10Section 143(1)Section 148Section 68

…आयकर अपीलीय अिधकरण,च"ीगढ़ "ायपीठ “ए” , च"ीगढ़ IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BENCH “A”, CHANDIGARH "ी राजपाल यादव, उपा"" एवं "ी कृणव" सहाय, लेखा सद" BEFORE: SHRI. RAJPAL YADAV, VP & SHRI. KRINWANT SAHAY, AM आयकर अपील सं./ ITA No. 971/Chd/2024 िनधा"रण वष" / Assessment Year : 2012-13 Avi Aggarwal, बनाम The ITO H.No. 171-R, Model Town, Ward -6(1), Ludhiana, Punjab-141002 Ludhiana "ायी लेखा सं./PAN NO: AMJPA7843C अपीलाथ"/Appellant ""थ"/Respondent ( PHYSICAL HEARING ) िनधा"रती की ओर से/Assessee by : Shri Sudhir Sehgal, Advocate राज" की ओर से/ Revenue by : Shri Manav Bansal, CIT, DR सुनवाई की तारीख/Dat…

Srs Educational Society, Faridabad vs. ITO(E), Faridabad

ITA 941/DEL/2020[2016-17]Status: DisposedITAT Delhi18 Jun 2025AY 2016-17

Bench: SHRI YOGESH KUMAR US (Judicial Member), SHRI MANISH AGARWAL (Accountant Member)

Section 12ASection 131Section 143(3)Section 250Section 68

…ITA No.941/Del/2020 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI “G” BENCH: NEW DELHI BEFORE SHRI YOGESH KUMAR US, JUDICIAL MEMBER & SHRI MANISH AGARWAL, ACCOUNTANT MEMBER [Assessment Year : 2016-17] M/s. SRS Educational Society, vs ITO(Exemption), Amolik Chowk, Sector-88, Near Faridabad. SRS Residency, Faridabad, Haryana-121002. PAN-AAHTS2494P APPELLANT RESPONDENT Appellant by Dr.Rakesh Gupta, Adv., Shri Somil Aggarwal, Adv. & Shri Deepesh garg, Adv. Respondent by Shri Manish Gutpa, Sr.DR Date of Hearing 28.05.2025 Date of Pronouncement 18.06.2025 ORDER PER MANISH AGARWAL, AM : The present appeal has been filed…

Bses Rajdhani Power Ltd., New Delhi vs. ACIT, Cicle- 5(1), New Delhi

ITA 4850/DEL/2017[2007-08]Status: DisposedITAT Delhi16 Apr 2025AY 2007-08

Bench: Shri Satbeer Singh Godara & Shri Manish Agarwal

Section 132Section 143(1)Section 143(2)Section 148

…ITA Nos. 4850/Del/2024 & C.O.Nos.14 & 20/Del/2025 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘B’, NEW DELHI BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER & SHRI MANISH AGARWAL, ACCOUNTANT MEMBER ITA Nos. 4850/Del/2024 & C.O.Nos.14 & 20/Del/2025 (Assessment Year 2016-17) Sl. ITA/CO No(s) Asst. Appeal(s) by No Year(s) Appellant vs. Respondent Appellant Respondent 1. 4850/Del/2024 2016-17 ACIT, Animate Room No.-261A, Infrastructure ARA Centre, Pvt.Ltd., Jhandewalan 43, Community Extension, Centre, New New Delhi Friends Colony, Delhi-110025. PAN-AAFCA5533Q 2. C.O-14/Del/2025 2016-17 Animate ACIT, Infrastr…

Om Prakash Tantia, Faridabad vs. DCIT, Central Circle-25, New Delhi

ITA 4737/DEL/2018[2015-16]Status: DisposedITAT Delhi07 Mar 2025AY 2015-16

Bench: Shri Satbeer Singh Godara & Shri Manish Agarwal

Section 132Section 143(1)Section 143(2)Section 147Section 148

…ITA Nos. 4729, 4737, 4740, 1389/Del/2024 & C.O.Nos. 29, 30, 31/Del/2025 & 92/Del/2024 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘B’, NEW DELHI BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER & SHRI MANISH AGARWAL, ACCOUNTANT MEMBER ITA Nos. 4729, 4737, 4740, 1389/Del/2024 & C.O.Nos. 29, 30, 31/Del/2025 & 92/Del/2024 (Assessment Years 2016-17, 2017-18, 2018-19 & 2021-22) Sl. ITA/CO No(s) Asst. Appeal(s) by No Year(s) Appellant vs. Respondent Appellant Respondent 1. 4729/Del/2024 2016-17 ACIT, Grand Estates LLP, Delhi B-66, Defence Colony, South Delhi, Delhi-110024. PAN-AAMFG4277F 2. C.O-29/Del/2025 2016…

ACIT, Circle-2(2), New Delhi vs. M/S. Ansal Phalak Infrastructure Pvt. Ltd., New Delhi

ITA 217/DEL/2020[2015-16]Status: DisposedITAT Delhi18 Dec 2024AY 2015-16

Bench: Shri Satbeer Singh Godara & Shri M. Balaganeshassessment Year: 2011-12 Income- Tax Officer, Vs. M/S. Ansal Phalak Ward-2(4), Infrastructure Pvt. Ltd., New Delhi 206, B Wing, 2Nd Floor, Naurang House, 21, Kasturba Gandi Marg, New Delhi Pan :Aafcp6583P (Appellant) (Respondent) With Ita Nos.216 & 217/Del/2020 Assessment Years: 2014-15 & 2015-16 Vs. M/S. Acit, Ansal Phalak Circle-2(2), Infrastructure Pvt. Ltd., New Delhi 115, Ansal Bhawan, Naurang House, 16, Kasturba Gandhi Marg, C.P., New Delhi Pan: Aafcp6583P (Appellant) (Respondent) Assessee By Sh. Ravi Sharma, Adv. Department By Ms. Jaya Choudhary, Cit(Dr) Sh. B.S. Anand, Sr. Dr Date Of Hearing 25.11.2024 Date Of Pronouncement 18.12.2024

Section 143(3)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH: ‘E’ NEW DELHI BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND SHRI M. BALAGANESH, ACCOUNTANT MEMBER Assessment Year: 2011-12 Income- Tax Officer, Vs. M/s. Ansal Phalak Ward-2(4), Infrastructure Pvt. Ltd., New Delhi 206, B Wing, 2nd Floor, Naurang House, 21, Kasturba Gandi Marg, New Delhi PAN :AAFCP6583P (Appellant) (Respondent) With ITA Nos.216 & 217/Del/2020 Assessment Years: 2014-15 & 2015-16 Vs. M/s. ACIT, Ansal Phalak Circle-2(2), Infrastructure Pvt. Ltd., New Delhi 115, Ansal Bhawan, Naurang House, 16, Kasturba Gandhi Marg, C.P., New Delhi PAN: AAFCP65…

ACIT, Circle-2(2), New Delhi vs. Ansal Phalak Infrastructure Pvt. Ltd., New Delhi

ITA 216/DEL/2020[2014-15]Status: DisposedITAT Delhi18 Dec 2024AY 2014-15

Bench: Shri Satbeer Singh Godara & Shri M. Balaganeshassessment Year: 2011-12 Income- Tax Officer, Vs. M/S. Ansal Phalak Ward-2(4), Infrastructure Pvt. Ltd., New Delhi 206, B Wing, 2Nd Floor, Naurang House, 21, Kasturba Gandi Marg, New Delhi Pan :Aafcp6583P (Appellant) (Respondent) With Ita Nos.216 & 217/Del/2020 Assessment Years: 2014-15 & 2015-16 Vs. M/S. Acit, Ansal Phalak Circle-2(2), Infrastructure Pvt. Ltd., New Delhi 115, Ansal Bhawan, Naurang House, 16, Kasturba Gandhi Marg, C.P., New Delhi Pan: Aafcp6583P (Appellant) (Respondent) Assessee By Sh. Ravi Sharma, Adv. Department By Ms. Jaya Choudhary, Cit(Dr) Sh. B.S. Anand, Sr. Dr Date Of Hearing 25.11.2024 Date Of Pronouncement 18.12.2024

Section 143(3)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH: ‘E’ NEW DELHI BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND SHRI M. BALAGANESH, ACCOUNTANT MEMBER Assessment Year: 2011-12 Income- Tax Officer, Vs. M/s. Ansal Phalak Ward-2(4), Infrastructure Pvt. Ltd., New Delhi 206, B Wing, 2nd Floor, Naurang House, 21, Kasturba Gandi Marg, New Delhi PAN :AAFCP6583P (Appellant) (Respondent) With ITA Nos.216 & 217/Del/2020 Assessment Years: 2014-15 & 2015-16 Vs. M/s. ACIT, Ansal Phalak Circle-2(2), Infrastructure Pvt. Ltd., New Delhi 115, Ansal Bhawan, Naurang House, 16, Kasturba Gandhi Marg, C.P., New Delhi PAN: AAFCP65…

ITO, New Delhi vs. M/S. Ansal Phalak Infrastructure Pvt. Ltd., New Delhi

ITA 5658/DEL/2015[2011-12]Status: DisposedITAT Delhi18 Dec 2024AY 2011-12

Bench: Shri Satbeer Singh Godara & Shri M. Balaganeshassessment Year: 2011-12 Income- Tax Officer, Vs. M/S. Ansal Phalak Ward-2(4), Infrastructure Pvt. Ltd., New Delhi 206, B Wing, 2Nd Floor, Naurang House, 21, Kasturba Gandi Marg, New Delhi Pan :Aafcp6583P (Appellant) (Respondent) With Ita Nos.216 & 217/Del/2020 Assessment Years: 2014-15 & 2015-16 Vs. M/S. Acit, Ansal Phalak Circle-2(2), Infrastructure Pvt. Ltd., New Delhi 115, Ansal Bhawan, Naurang House, 16, Kasturba Gandhi Marg, C.P., New Delhi Pan: Aafcp6583P (Appellant) (Respondent) Assessee By Sh. Ravi Sharma, Adv. Department By Ms. Jaya Choudhary, Cit(Dr) Sh. B.S. Anand, Sr. Dr Date Of Hearing 25.11.2024 Date Of Pronouncement 18.12.2024

Section 143(3)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH: ‘E’ NEW DELHI BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND SHRI M. BALAGANESH, ACCOUNTANT MEMBER Assessment Year: 2011-12 Income- Tax Officer, Vs. M/s. Ansal Phalak Ward-2(4), Infrastructure Pvt. Ltd., New Delhi 206, B Wing, 2nd Floor, Naurang House, 21, Kasturba Gandi Marg, New Delhi PAN :AAFCP6583P (Appellant) (Respondent) With ITA Nos.216 & 217/Del/2020 Assessment Years: 2014-15 & 2015-16 Vs. M/s. ACIT, Ansal Phalak Circle-2(2), Infrastructure Pvt. Ltd., New Delhi 115, Ansal Bhawan, Naurang House, 16, Kasturba Gandhi Marg, C.P., New Delhi PAN: AAFCP65…

Sarika Tyagi, Ghazibad vs. DCIT, Central Circle, Ghazaibad

Accordingly, Ground No. 2 raised by the revenue is dismissed

ITA 1414/DEL/2022[2016-17]Status: DisposedITAT Delhi10 Oct 2024AY 2016-17

Bench: Shri M. Balaganesh & Shri Vimal Kumardcit, Vs. Sushil Tyagi, Central Circle, A-2, Ganpati Ghaziabad Apartments, Civil Lines, New Delhi (Appellant) (Respondent) Pan:Aejpt6739A Dcit, Vs. Yogender Singh, Central Circle, J-6A, Sector-23, Ghaziabad Sanjay Nagar, Ghaziabad (Appellant) (Respondent) Pan:Bgcos8548E Yogender Singh, Vs. Dcit, J-6A, Sector-23, Central Circle, Sanjay Nagar, Ghaziabad Ghaziabad (Appellant) (Respondent) Pan:Bgcos8548E Naveen Tyagi, Vs. Dcit, G-302, Vvip Central Circle, Addresses, Raj Nagar Ghaziabad Extention, Ghaziabad (Appellant) (Respondent) Pan:Admpt6420A Sarika Tyagi, Vs. Dcit, H-100, Patel Nagar,- Central Circle, 3, Ghaziabad Ghaziabad (Appellant) (Respondent) Pan:Afapt5986P Assessee By : Shri Rajeev Khandelwal, Ca Shri Gagan Khandelwal, Adv Shri Jaind Jaiswal, Adv Revenue By: Ms. Sapna Bhatia, Cit Dr Date Of Hearing 23/08/2024 Date Of Pronouncement /10/2024

For Appellant: Shri Rajeev Khandelwal, CAFor Respondent: Ms. Sapna Bhatia, CIT DR
Section 132Section 143(2)Section 68

…the creditor, the AO cannot make the addition without making inquiries :- -CIT vs. Laxman Industrial Resources Pvt. Ltd. [2017] 397 ITR 106 -CIT Vs. Rakam Money Matters Pvt. Ltd. -CIT vs. Orchid Industries Pvt. Ltd. 397 ITR 136 -CIT v Fair Finvest Ltd [2014] 44 Taxmann.com 356 -CIT v Gangeshwari Metal Pvt. Ltd. (2013) 30 Taxman.com 328 (Delhi) -Pr. CIT v Oriental International Company Pvt. Ltd. 2018 101 CCH 0004 Del 7. Looking into factual matrix of the case and after careful analysis of various judicial, interpretations of section 68 of IT Act in which genuineness of cash credit has been analyzed in detail and…

Yogender Singh, Ghaziabad vs. DCIT, Central Circle, Ghaziabad

Accordingly, Ground No. 2 raised by the revenue is dismissed

ITA 1413/DEL/2022[2017-18]Status: DisposedITAT Delhi10 Oct 2024AY 2017-18

Bench: Shri M. Balaganesh & Shri Vimal Kumardcit, Vs. Sushil Tyagi, Central Circle, A-2, Ganpati Ghaziabad Apartments, Civil Lines, New Delhi (Appellant) (Respondent) Pan:Aejpt6739A Dcit, Vs. Yogender Singh, Central Circle, J-6A, Sector-23, Ghaziabad Sanjay Nagar, Ghaziabad (Appellant) (Respondent) Pan:Bgcos8548E Yogender Singh, Vs. Dcit, J-6A, Sector-23, Central Circle, Sanjay Nagar, Ghaziabad Ghaziabad (Appellant) (Respondent) Pan:Bgcos8548E Naveen Tyagi, Vs. Dcit, G-302, Vvip Central Circle, Addresses, Raj Nagar Ghaziabad Extention, Ghaziabad (Appellant) (Respondent) Pan:Admpt6420A Sarika Tyagi, Vs. Dcit, H-100, Patel Nagar,- Central Circle, 3, Ghaziabad Ghaziabad (Appellant) (Respondent) Pan:Afapt5986P Assessee By : Shri Rajeev Khandelwal, Ca Shri Gagan Khandelwal, Adv Shri Jaind Jaiswal, Adv Revenue By: Ms. Sapna Bhatia, Cit Dr Date Of Hearing 23/08/2024 Date Of Pronouncement /10/2024

For Appellant: Shri Rajeev Khandelwal, CAFor Respondent: Ms. Sapna Bhatia, CIT DR
Section 132Section 143(2)Section 68

…the creditor, the AO cannot make the addition without making inquiries :- -CIT vs. Laxman Industrial Resources Pvt. Ltd. [2017] 397 ITR 106 -CIT Vs. Rakam Money Matters Pvt. Ltd. -CIT vs. Orchid Industries Pvt. Ltd. 397 ITR 136 -CIT v Fair Finvest Ltd [2014] 44 Taxmann.com 356 -CIT v Gangeshwari Metal Pvt. Ltd. (2013) 30 Taxman.com 328 (Delhi) -Pr. CIT v Oriental International Company Pvt. Ltd. 2018 101 CCH 0004 Del 7. Looking into factual matrix of the case and after careful analysis of various judicial, interpretations of section 68 of IT Act in which genuineness of cash credit has been analyzed in detail and…

Naveen Tyagi, Ghaziabad vs. DCIT, Central Circle, Ghaziabad

Accordingly, Ground No. 2 raised by the revenue is dismissed

ITA 1412/DEL/2022[2016-17]Status: DisposedITAT Delhi10 Oct 2024AY 2016-17

Bench: Shri M. Balaganesh & Shri Vimal Kumardcit, Vs. Sushil Tyagi, Central Circle, A-2, Ganpati Ghaziabad Apartments, Civil Lines, New Delhi (Appellant) (Respondent) Pan:Aejpt6739A Dcit, Vs. Yogender Singh, Central Circle, J-6A, Sector-23, Ghaziabad Sanjay Nagar, Ghaziabad (Appellant) (Respondent) Pan:Bgcos8548E Yogender Singh, Vs. Dcit, J-6A, Sector-23, Central Circle, Sanjay Nagar, Ghaziabad Ghaziabad (Appellant) (Respondent) Pan:Bgcos8548E Naveen Tyagi, Vs. Dcit, G-302, Vvip Central Circle, Addresses, Raj Nagar Ghaziabad Extention, Ghaziabad (Appellant) (Respondent) Pan:Admpt6420A Sarika Tyagi, Vs. Dcit, H-100, Patel Nagar,- Central Circle, 3, Ghaziabad Ghaziabad (Appellant) (Respondent) Pan:Afapt5986P Assessee By : Shri Rajeev Khandelwal, Ca Shri Gagan Khandelwal, Adv Shri Jaind Jaiswal, Adv Revenue By: Ms. Sapna Bhatia, Cit Dr Date Of Hearing 23/08/2024 Date Of Pronouncement /10/2024

For Appellant: Shri Rajeev Khandelwal, CAFor Respondent: Ms. Sapna Bhatia, CIT DR
Section 132Section 143(2)Section 68

…the creditor, the AO cannot make the addition without making inquiries :- -CIT vs. Laxman Industrial Resources Pvt. Ltd. [2017] 397 ITR 106 -CIT Vs. Rakam Money Matters Pvt. Ltd. -CIT vs. Orchid Industries Pvt. Ltd. 397 ITR 136 -CIT v Fair Finvest Ltd [2014] 44 Taxmann.com 356 -CIT v Gangeshwari Metal Pvt. Ltd. (2013) 30 Taxman.com 328 (Delhi) -Pr. CIT v Oriental International Company Pvt. Ltd. 2018 101 CCH 0004 Del 7. Looking into factual matrix of the case and after careful analysis of various judicial, interpretations of section 68 of IT Act in which genuineness of cash credit has been analyzed in detail and…