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“unsecured loan addition”

Cash Credits & Unexplained ItemsSection 68Section 689 judgments

H K ISPAT PVT. LTD.,PANCHMAHAL vs. THE DY.CIT, CENTRAL CIRCLE-2, VADODARA

In the result, all the appeals filed by the Revenue for AYs 2014–15 to 2021–

ITA 1392/AHD/2025[2021-22]Status: DisposedITAT Ahmedabad18 Mar 2026AY 2021-22

Bench: Dr. B.R.R. Kumar, Vice-Ms. Suchitra R. Kamblesn

Section 250Section 68

Willow Vishram Apartment Versus Income Tax Officer, Ward-1 (3) (5) vide order dated 14.08.2023 vide ITA No. 370/SRT/2022: "Addition on account of unsecured loan Addition of unsecured loans, merely on the basis of the statement of Rajendra Jain [entry provider]- CIT(A) upheld the addition of unsecured loan

ACIT, CENTRAL CIRCLE-2, VADODARA, VADODARA vs. HK ISPAT PVT LTD, GODHRA

In the result, all the appeals filed by the Revenue for AYs 2014–15 to 2021–

ITA 1278/AHD/2025[2021-22]Status: DisposedITAT Ahmedabad18 Mar 2026AY 2021-22

Bench: Dr. B.R.R. Kumar, Vice-Ms. Suchitra R. Kamblesn

Section 250Section 68

Willow Vishram Apartment Versus Income Tax Officer, Ward-1 (3) (5) vide order dated 14.08.2023 vide ITA No. 370/SRT/2022: "Addition on account of unsecured loan Addition of unsecured loans, merely on the basis of the statement of Rajendra Jain [entry provider]- CIT(A) upheld the addition of unsecured loan

ACIT, CENTRAL CIRCLE-2, VADODARA, VADODARA vs. HK ISPAT PVT LTD, GODHRA

In the result, all the appeals filed by the Revenue for AYs 2014–15 to 2021–

ITA 1277/AHD/2025[2014-15]Status: DisposedITAT Ahmedabad18 Mar 2026AY 2014-15

Bench: Dr. B.R.R. Kumar, Vice-Ms. Suchitra R. Kamblesn

Section 250Section 68

Willow Vishram Apartment Versus Income Tax Officer, Ward-1 (3) (5) vide order dated 14.08.2023 vide ITA No. 370/SRT/2022: "Addition on account of unsecured loan Addition of unsecured loans, merely on the basis of the statement of Rajendra Jain [entry provider]- CIT(A) upheld the addition of unsecured loan

ACIT, CIRCLE-3(1), GURUGRAM, GURUGRAM vs. SUNIL KUMAR, GURUGRAM

Appeal is dismissed

ITA 1/DEL/2025[2022-23]Status: DisposedITAT Delhi11 Nov 2025AY 2022-23
Section 143(3)Section 41(1)Section 68

account of gift received.\n3.\nWe now advert to the first and foremost issue between the\nparties raising qua section 68 unsecured loan addition of\nRs.1,51,49,250/- made by the Assessing Officer in his assessment\ndated 27.03.2024 and reversed in the CIT(A)/NFAC's lower\nappellate discussion

DY. COMMISSIONER OF INCOME TAX, NOIDA vs. M/S RUDRA BUILDWELL HOMES PVT. LTD, DELHI

ITA 602/DEL/2025[2016]Status: DisposedITAT Delhi29 Aug 2025

Bench: Shri Satbeer Singh Godara & Shri Manish Agarwalassessment Year: 2016-17 Vs. M/S. Rudra Buildwell Homes Dcit, Central Circle-I, Noida Pvt. Ltd., 53, Okhla Phase, Delhi Pan: Aafcr6959P (Appellant) (Respondent) With C.O. No.106/Del/2025 [Arising Out Of Ita No.602/Del/2025] Assessment Year: 2016-17 M/S. Rudra Buildwell Vs. Dcit, Central Circle-I, Homes Pvt. Ltd., Noida A-66, Sector-63, Noida Pan: Aafcr6959P (Appellant) (Respondent) Assessee By Sh. Rohit Kapoor, Adv. Sh. Veersen Agarwal, Itp Department By Sh. Rajesh Chandra, Cit(Dr) Date Of Hearing 12.08.2025 Date Of Pronouncement 29.08.2025 Order Per Satbeer Singh Godara, Jm This Revenue’S Appeal Ita No.602/Del/2025 & Assessee’S Cross Objection C.O. No. 106/Del/2025 For Assessment Year 2016-

Section 143(3)Section 148Section 148ASection 151Section 151(1)Section 151(2)

length that the Revenue’s sole substantive ground seeking to revive the impugned 28 | P a g e ITA No.602/Del/2025 & C.O. No. 106/Del/2025 unsecured loan addition hardly carries any merits. The same stands rejected. The Revenue fails in its appeal ITA No. 602/Del/2025. No other ground or argument has been

THE DCIT, CENTRAL CIRCLE-2, VADODARA vs. M/S. NEOTECH EDUCATION FOUNDATION, VADODARA

In the result, both the appeals filed by the Revenue are dismissed and both the appeals filed by the assessee are allowed

ITA 47/AHD/2023[2014-15]Status: DisposedITAT Ahmedabad08 May 2024AY 2014-15

Bench: Ms. Suchitra Kamble & Shri Waseem Ahmedassessment Year: 2014-15

Section 260ASection 269SSection 271(1)(c)Section 271D

Unaccounted Receipts and Expenses 53,06,500/- 5. Unexplained Income 2,05,11,300/- 6. Disallowance of interest incurred on 1,50,000/- unsecured loan addition 7. Disallowance of excessive claim of 7,00,000/- depreciation TOTAL 4,06,21,446 6. The Ld. AR submitted that the Tribunal vide

THE DCIT, CENTRAL CIRCLE-2, VADODARA vs. M/S. NEOTECH EDUCATION FOUNDATION, VADODARA

In the result, both the appeals filed by the Revenue are dismissed and both the appeals filed by the assessee are allowed

ITA 192/AHD/2023[2014-15]Status: DisposedITAT Ahmedabad08 May 2024AY 2014-15

Bench: Ms. Suchitra Kamble & Shri Waseem Ahmedassessment Year: 2014-15

Section 260ASection 269SSection 271(1)(c)Section 271D

Unaccounted Receipts and Expenses 53,06,500/- 5. Unexplained Income 2,05,11,300/- 6. Disallowance of interest incurred on 1,50,000/- unsecured loan addition 7. Disallowance of excessive claim of 7,00,000/- depreciation TOTAL 4,06,21,446 6. The Ld. AR submitted that the Tribunal vide

M/S. NEOTECH EDUCATION FOUNDATION,VADODARA vs. THE JT.CIT, CENTRAL RANGE, VADODARA

In the result, both the appeals filed by the Revenue are dismissed and both the appeals filed by the assessee are allowed

ITA 109/AHD/2023[2014-15]Status: DisposedITAT Ahmedabad08 May 2024AY 2014-15

Bench: Ms. Suchitra Kamble & Shri Waseem Ahmedassessment Year: 2014-15

Section 260ASection 269SSection 271(1)(c)Section 271D

Unaccounted Receipts and Expenses 53,06,500/- 5. Unexplained Income 2,05,11,300/- 6. Disallowance of interest incurred on 1,50,000/- unsecured loan addition 7. Disallowance of excessive claim of 7,00,000/- depreciation TOTAL 4,06,21,446 6. The Ld. AR submitted that the Tribunal vide

M/S. NEOTECH EDUCATION FOUNDATION,VADODARA vs. THE JT.CIT, CENTRAL RANGE, VADODARA

In the result, both the appeals filed by the Revenue are dismissed and both the appeals filed by the assessee are allowed

ITA 108/AHD/2023[2014-15]Status: DisposedITAT Ahmedabad08 May 2024AY 2014-15

Bench: Ms. Suchitra Kamble & Shri Waseem Ahmedassessment Year: 2014-15

Section 260ASection 269SSection 271(1)(c)Section 271D

Unaccounted Receipts and Expenses 53,06,500/- 5. Unexplained Income 2,05,11,300/- 6. Disallowance of interest incurred on 1,50,000/- unsecured loan addition 7. Disallowance of excessive claim of 7,00,000/- depreciation TOTAL 4,06,21,446 6. The Ld. AR submitted that the Tribunal vide