ACIT, CC, AGRA, AGRA vs. M/S. UNITED FARM PRODUCT PRIVATE LIMITED, AGRA

In the result, appeal preferred by the revenue is dismissed

Bench: Shris.Rifaur Rahman & Shri Sunil Kumar Singhacit, Cc, Vs. M/S. United Farm Product Pvt. Ltd., 2/220, 2Nd Floor, Glory Plaza, Agra. Soor Sadan, M.G. Road, Agra – 282 002 (Agra) (Pan :Aaccu2505M) (Appellant) (Respondent) Assessee By : Shri Sudhir Sehgal, Advocate Shri Deependra Mohan, Ca Revenue By : Shri Arun Kumar Yadav, Cit Dr Date Of Hearing : 13.10.2025 Date Of Order : 04.12.2025 O R D E R Per S. Rifaur Rahman,Am: 1. This Appeal Is Filed By The Revenue Against The Order Of Ld. Commissioner Of Income-Tax (Appeals), Kanpur – 4 Dated 28.03.2025 For Assessment Year2022-23 Raising Following Grounds Of Appeal :- “L. Whether On Facts & Circumstances Of The Case & In Law. The Ld. Cit(A)-Iv. Kanpur Has Erred In Deleting The Addition Of Rs.43,71,37,934/- On Account Of Unexplained Expenditure U/S 69C Of The Act Incurred For Construction Of Plant At Mewat, Haryana, Without Appreciating The Fact That The Assessee Company Itself Has Surrendered Amount Of Rs.41,40,35,700/- & Admitted To Take The Unexplained Expenditure At Rs.43,71,37,934/- Incurred In The 2 Construction Of Said Plant. Hence, The Addition Made By The Ao Is Based On Admittance By The Assessee, Which Is Corroborated By The Incriminating Material Found During The Course Of Search. 2. Whether On Facts & Circumstances Of The Case & In Law, Ld. Cit(A)-Iv. Kanpur Has Erred In Deleting The Addition. Without Appreciating The Facts That The Assessing Officer Has Passed The Assessment Order After Thoroughly Examining & Analysing The Seized Material & Proper Appreciation Of Facts Of Unexplained Expenditure U/S 69C Of The Act.”

68, read with section 260A, of the Income-tax Act, 1961 - Cash credits - Assessment year 1989-90 - Assessing Officer made additions to returned income of assessee-firm on account of unexplained

B K KESHARWANI, AGRA vs. MADHUR MITTAL, AGRA

In the result, the revenue’s appeal is dismissed

Bench: Ld Cit(A), Who Partly Allowed

unexplained cash credits under Section 68 is found to be unsustainable for the following reasons: Inconsistent Treatment: The AO accepted

RUBY JAIN,AGRA vs. INCOME TAX OFFICER, WARD 1(1)(3), AGRA

In the result, the questions referred to us are answered as follows :

Bench: Shri M. Balaganeshruby Jain, Vs. Income Tax Officer, 1/78A, Kale Ka Tall, Delhi Ward-1(1)(3), Gate, Agra Agra (Appellant) (Respondent) Pan: Aevpj4936P Assessee By : Shri K. K. Jain, Adv Revenue By: Shri Anil Kumar, Sr. Dr Date Of Hearing 19/01/2026 Date Of Pronouncement 21/01/2026

unexplained cash credit u/s 68 of the Act by the lower authorities. I am in agreement with the argument advanced by the ld AR that assessee is not bound to maintain books of account and hence the provisions of Section

VERMA SERVICE STATION,FIROZABAD vs. ACIT, FIROZABAD

In the result, the appeal of the assessee is dismissed

Bench: Shri Laliet Kumar,And Dr. Mitha Lal Meena

unexplained in the hands of the assessee. 5.6 In the context of cash deposits in the bank account, when the Assessing Officer starts enquiry, specifically to satisfy himself of the source of such cash credit, and if during the enquiry, he is satisfied that the entries are not genuine, then he has every right to add the said sum represented

AKHIL BHARTIYA GAHOI VAISHAY CHARITABLE TRUST,GWALIOR vs. INCOME TAX OFFICER, EXEMPTION, WARD EXEMPLTION

In the result, the appeal of the assessee is dismissed

unexplained cash credit under section 68. This addition was taxed at 60% under section 115BBE. A rectification order under section

LOKENDRA KUMAR GAUTAM,MATHURA vs. ITO WARD, 1(3)(2), MATHURA

In the result, assessee’s appeal is allowed

Bench: : Shri S. Rifaur Rahman & Shri Sunil Kumar Singhassessment Year: 2017-18

unexplained cash credit under section 68 of the Act, and made addition of Rs.1,24,00,000/- u/s. 68 of the Act, vide

SHREE G SAKH SAHAKARITA MARYADIT,GWALIOR vs. DCIT/ACIT 1(1), GWALIOR

Appeal is allowed for statistical purposes

sections": [ "68", "144" ], "issues": "Whether the unexplained cash credit addition of Rs. 1,43,11,750/- under Section 68 was correctly

HARDAYAL MILK PRODUCTS PRIVATE LIMITED,SHIKOHABAD vs. DCIT, CIRCLE-2(2)(1), FIROZABAD, FIROZABAD

In the result, both the appeals filed by assessee are allowed

Bench: : Shri S. Rifaur Rahman & Shri Sunil Kumar Singh

unexplained cash credits under Section 68 of the Act and addition of Rs.9,11,500/- on account of commission expenditure

HARDAYAL MILK PRODUCTS PRIVATE LIMITED,SHIKOHABAD vs. DCIT, CIRCLE-2(2)(1), FIROZABAD, FIROZABAD

In the result, both the appeals filed by assessee are allowed

Bench: : Shri S. Rifaur Rahman & Shri Sunil Kumar Singh

unexplained cash credits under Section 68 of the Act and addition of Rs.9,11,500/- on account of commission expenditure

ARJUN TRADING CO. PVT. LTD.,FIROZABAD vs. I.T.O.-5(1), FIROZABAD

In the result, the appeal is allowed

Bench: Shri A. D. Jain & Dr. Mitha Lal Meenaarjun Trading Company Private Vs..Ito-5,(1), Ltd. A-4, Ganesh Nagar, Firozabad. Firozabad. Panno.Aadca7230J (Assessee) (Revenue)

unexplained cash credits in the form of share application money received during financial year 2002-03, invoking the provisions of section 68

ACIT, C 2(1)(1), AGRA, AGRA vs. SUNIL KUMAR JOSHAN, AGRA

In the result, the appeal of the revenue is dismissed and cross objection of the assessee is dismissed as infructuous

Bench: Shri M. Balaganesh & Shri Sunil Kumar Singhacit, Vs. Sunil Kumar Joshan, Foot On Shoes, 7Th Circle-2(1)(1), Agra Km Stone, Agra Delhi Bye Pass Road, Agra (Appellant) (Respondent) Pan: Abqpj4015P Co 07/Agr/2025 (In Ita No.494/Agr/2025) (Assessment Year: 2014-15) Sunil Kumar Joshan, Vs. Acit, Foot On Shoes, 7Th Km Circle-2(1)(1), Stone, Agra Delhi Bye Agra Pass Road, Agra (Appellant) (Respondent) Pan: Abqpj4015P

unexplained cash credit under Section 68 read with section 115BBE of the Act without conducting any enquiries on his side

ANUPAM MITTAL,AGRA vs. ITO WARD 2(1)(1), AGRA, AGRA

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: Shri Sunil Kumar Singh & Shri Brajesh Kumar Singh[Assessment Year: 2018-19]

unexplained cash credit under section 68 of the Act. The appellant has failed to prove the creditworthiness of the creditors

SHARAD MAHESHWARI,DELHI vs. INCOME TAX OFFICER, WARD 3(2), GWALIOR (M. P.), GWALIOR

In the result, the appeal of the assessee is allowed

Bench: Shri M. Balaganesh(Through Virtual Hearing) Sharad Maheshwari, Vs. Income Tax Officer, W-63, 3Rd Floor, Ward-3(2), Greater Kailash-2, Gwalior South Delhi (Appellant) (Respondent) Pan: Afepa7981H Assessee By : Shri Ashok Vijaywargiya, Ca Revenue By: Shri Anil Kumar, Sr. Dr Date Of Hearing 18/09/2025 Date Of Pronouncement 30/09/2025

unexplained cash credit under section 68 of the Act in the assessment. 4. The assessee preferred an appeal before the Learned

AMIT GANDHI,GWALIOR vs. BPL-W-(41)-(91), GWALIOR

In the result, the appeal of the Assessee is allowed

Bench: Shri M. Balaganesh & Shri Sunil Kumar Singhamit Gandhi, Vs. Faceless Assessment Unit, Parking No. 4, Main Delhi Road Transport Nagar, Gwalior (Appellant) (Respondent) Pan: Afdpg7862E Assessee By : Shri Vishal Gupta, Ca Shri Anant Gupta, Ca Revenue By: Shri Shailendra Srivastava, Sr. Dr Date Of Hearing 19/03/2026 Date Of Pronouncement 02/04/2026

Section 68 r.w.s. 115BBE of the Act as unexplained cash credit in respect of loans received from two parties in earlier

SH RANJAN KUMAR ARORA,FARRUKHABAD vs. ACIT CIRCLE 4(2)(1), FARRUKHABAD

In the result, the appeal of the assessee is partly allowed

Bench: Shri M. Balaganesh(Through Virtual Hearing) Ranjan Kumar Arora, Vs. Income Tax Officer, 5/30, Nehru Road, Circle-4(2)(1), Farrukhabad, Up- 2096625 Farrukhabad (Appellant) (Respondent) Pan:Aakpa0524D Assessee By : None Revenue By: Shri Shailendra Srivastava, Sr. Dr Date Of Hearing 03/02/2025 Date Of Pronouncement 03/02/2025

unexplained cash credit under Section 68 of the Act in the hands of the Assessee. Similarly, a sum of Rs 2,37,000 stood

SHRI OM PRAKASH SINGH,MATHURA vs. ACIT CIRCLE-3, AGRA

In the result appeal is partly allowed

Bench: Shri Sudhanshu Srivastava & Dr. Mitha Lal Meena

Unexplained Cash Credits’ without examining the Creditor, looking to its Books of Accounts and without any justifiable reason . The addition had been made and sustained purely on the consideration of suspicion and unfounded presumptions. 6. BECAUSE, alternatively, in any view of the matter no addition under section 68

SH MANOJ KUMAR VERMA,MAINPURI vs. ITO WARD-4(2)(4), MAINPURI

In the result, the appeal of the assessee is partly allowed

unexplained cash\ncredit under section 68 of the Act during the year under\nconsideration, even though the said sums were found credited

PRADEEP JAIN LEGAL HEIR OF JAY NARAYAN,FIROZABAD vs. INCOME TAX OFFICER, WARD 2(2)(2), FIROZABAD

unexplained cash credits under Section 68 of the Income Tax Act, 1961.", "held": "The Tribunal noted that the department did not provide