SH. SURENDER KUMAR CHAWLA,RUDRAPUR vs. ACIT, CC, , HALDWANI

In the result, assessee’s appeals; ITA No

Bench: BEFORESHRI CHALLA NAGENDRA PRASAD (Judicial Member), SHRI AVDHESH KUMAR MISHRA (Accountant Member)

cash credit u/s 68 of the Income Tax Act, 1961 being alleged unexplained unsecured loans. 7. The learned assessing officer as also learned CIT(A) have erred in making and confirming addition of Rs.23,00,000/- for alleged sale of property to Mrs. Daljit Taneja. 8. The adequate opportunities of being heard and opportunity to cross examine the witness

SH.SURENDER KUMAR CHAWLA,DEHRADUN vs. ACIT, CC, DEHRADUN, HALDWANI

In the result, assessee’s appeals; ITA No

Bench: BEFORESHRI CHALLA NAGENDRA PRASAD (Judicial Member), SHRI AVDHESH KUMAR MISHRA (Accountant Member)

cash credit u/s 68 of the Income Tax Act, 1961 being alleged unexplained unsecured loans. 7. The learned assessing officer as also learned CIT(A) have erred in making and confirming addition of Rs.23,00,000/- for alleged sale of property to Mrs. Daljit Taneja. 8. The adequate opportunities of being heard and opportunity to cross examine the witness

SH. SURINDER KUMAR CHAWLA,RUDRAPUR vs. ACIT,CC, HALDWANI, HALDWANI

In the result, assessee’s appeals; ITA No

Bench: BEFORESHRI CHALLA NAGENDRA PRASAD (Judicial Member), SHRI AVDHESH KUMAR MISHRA (Accountant Member)

cash credit u/s 68 of the Income Tax Act, 1961 being alleged unexplained unsecured loans. 7. The learned assessing officer as also learned CIT(A) have erred in making and confirming addition of Rs.23,00,000/- for alleged sale of property to Mrs. Daljit Taneja. 8. The adequate opportunities of being heard and opportunity to cross examine the witness

ABHINAV RASTOGI,CHAMOLI vs. INCOME TAX OFFICER WARD 1(4)(4) SIRNAGAR, SIRNAGAR

Appeal is partly allowed

Bench: Shri Satbeer Singh Godara & Shri M. Balaganesh(Through Video Conferencing) Assessment Year: 2017-18 Sh. Abhinav Rastogi, Vs. Income Tax Officer, Tcp Market Joshimath, Ward-1(4)(4), Chamoli, Srinagar, Uttarakhand Uttarakhand Pan :Ccrpr7932M (Appellant) (Respondent) Assessee By Sh. Neeraj Mangla, Ca Department By Sh. A.S. Rana, Sr. Dr

section 69A; credit entries taken as unexplained cash credits of Rs.17,50,900/- to the extent of Rs. 11,39,922/- and the cash deposits in savings account of Rs.2,67,500/- herein; respectively, vide the following detailed discussion: “8.1 Cash deposits of Rs 2653400 – according to taxpayer it is out of cash available with him on 8/11/2016. Assessee avails

D BALI INFRASTRUCTURE AND DEVELOPMENT LTD.,KASHIPUR (U.S.NAGAR) vs. DCIT, CIRCLE-2, KASHIPUR, KASHIPUR

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

Bench: Shri M. Balaganesh & Shri Satbeer Singh Godara(Through Video Conferencing) D Bali Infrastructure & Vs. Dcit, Developers Ltd., Circle-2, Kashra No. 151, Apna Ghar Kashipur Village-Gangapur, Kundeshwari Road, Kashipur, Dist. Utham Singh Nagar-244713 (Appellant) (Respondent) Pan: Aadcd3599D Assessee By : None Revenue By: Shri Amar Pal Singh, Sr. Dr Date Of Hearing 18/03/2025 Date Of Pronouncement 18/03/2025

unexplained cash credit under section 68 of the Act in the sum of Rs 1,80,00,000/- in the facts

SH. SURENDER KUMAR CHAWLA,RUDRAPUR vs. ACIT, CC- HALDWANI, HALDWANI

In the result, assessee's appeals; ITA No

cash credit u/s\n68 of the Income Tax Act, 1961 being alleged unexplained unsecured\nloans.\n7. The learned assessing officer as also learned CIT(A) have erred in making\nand confirming addition of Rs.23,00,000/- for alleged sale of property to\nMrs. Daljit Taneja.\n8. The adequate opportunities of being heard and opportunity to cross\nexamine the witness

B.A. INTERNATIONAL,MEERUT vs. DCIT CIRCLE-1(3)(1), HARIDWAR, HARIDWAR

In the result, the appeal of the assessee is allowed

Bench: Shri Yogesh Kumar U.S. & Shri Manish Agarwal[Assessment Year : 2017-18] Sumit Kaur Vs Cit(Appeals)/ Ito C/O-Matta Garg & Co., 13A, Subhash 15, Astley Hall, Dehradun, Road, Dehradun Uttarakhand-248001 Uttarakhand Pan-Dmapk1959K Appellant Respondent Appellant By Shri S.K.Matta, Ca Respondent By Ms. Poonam Sharma, Cit Dr Date Of Hearing 11.03.2026 Date Of Pronouncement 13.03.2026 Order Per Bench: The Present Appeal Is Filed By Assessee Against The Order Dated 23.12.2025 Passed By Ld. Commissioner Of Income Tax (A), Nfac, Delhi [“Ld.Cit(A)”] U/S 250 Of The Income Tax Act, 1961 [“The Act”] Arising Out Of Assessment Order Dated 06.11.2019 Passed U/S 143(3) Of The Act Pertaining To Assessment Year 2017-18. 2. Brief Facts Of The Case Are That The Assessee Is An Advocate By Profession & Return Of Income Was Filed On 21.08.2017, Declaring Total Income Of Inr 63,20,030/-. The Case Was Selected For Scrutiny & The Assessment Was Completed U/S 143(3) Of The Act Wherein Addition Of Inr 41 Lakhs Was Made By Holding The Investment Made In Fdr As Unexplained & Further Invoked The Provision Of Section 115Bbe Of The Act. 3. In First Appeal, Ld.Cit(A) Enhanced The Income & Confirmed The Addition Of Inr 60 Lakhs U/S 68 Of The Act By Holding That The Cash Deposited During Demonetization Period Is Unexplained & No Addition Is Sustained Towards The Investment In Fdr.

section 115BBE of the Act. 3. In first appeal, Ld.CIT(A) enhanced the income and confirmed the addition of INR 60 Lakhs u/s 68 of the Act by holding that the cash deposited during demonetization period is unexplained and no addition is sustained towards the investment in FDR. 4. Before us, Ld.AR for the assessee submits that assessee received income

SUMIT KAUR,DEHRADUN vs. INCOME TAX OFFICE, DEHRADUN, DEHRADUN

In the result, the appeal of the assessee is allowed

Bench: Shri Yogesh Kumar U.S. & Shri Manish Agarwal[Assessment Year : 2017-18] Sumit Kaur Vs Cit(Appeals)/ Ito C/O-Matta Garg & Co., 13A, Subhash 15, Astley Hall, Dehradun, Road, Dehradun Uttarakhand-248001 Uttarakhand Pan-Dmapk1959K Appellant Respondent Appellant By Shri S.K.Matta, Ca Respondent By Ms. Poonam Sharma, Cit Dr Date Of Hearing 11.03.2026 Date Of Pronouncement 13.03.2026 Order Per Bench: The Present Appeal Is Filed By Assessee Against The Order Dated 23.12.2025 Passed By Ld. Commissioner Of Income Tax (A), Nfac, Delhi [“Ld.Cit(A)”] U/S 250 Of The Income Tax Act, 1961 [“The Act”] Arising Out Of Assessment Order Dated 06.11.2019 Passed U/S 143(3) Of The Act Pertaining To Assessment Year 2017-18. 2. Brief Facts Of The Case Are That The Assessee Is An Advocate By Profession & Return Of Income Was Filed On 21.08.2017, Declaring Total Income Of Inr 63,20,030/-. The Case Was Selected For Scrutiny & The Assessment Was Completed U/S 143(3) Of The Act Wherein Addition Of Inr 41 Lakhs Was Made By Holding The Investment Made In Fdr As Unexplained & Further Invoked The Provision Of Section 115Bbe Of The Act. 3. In First Appeal, Ld.Cit(A) Enhanced The Income & Confirmed The Addition Of Inr 60 Lakhs U/S 68 Of The Act By Holding That The Cash Deposited During Demonetization Period Is Unexplained & No Addition Is Sustained Towards The Investment In Fdr.

section 115BBE of the Act. 3. In first appeal, Ld.CIT(A) enhanced the income and confirmed the addition of INR 60 Lakhs u/s 68 of the Act by holding that the cash deposited during demonetization period is unexplained and no addition is sustained towards the investment in FDR. 4. Before us, Ld.AR for the assessee submits that assessee received income

DCIT, CIRCLE- 2, DEHRADUN vs. V K AGARWAL & CO., NEW DELHI

In the result, the appeal of the Revenue is dismissed

Bench: The Ao During The Course Of Assessment Proceedings. 2. The Ld. Cit(A) Has Erred In Law & On Facts In Deleting The Addition Of Rs.34,00,000/- Made On Account Of Unsecured Loan U/S 68 Of The I.T. Act, 1961 As The Assessee Could Not Furnish/Produce The Confirmation Of Unsecured Loan From M/S Tirupati Investment. 3. The Order Of The Ld. Cit(A) Be Set-A-Side & The Order Of The Ao Be Restored.

section 68 of the Income-tax Act, 1961 (hereinafter referred to as ‘the Act’), viz., identity of the creditors, creditworthiness of the creditors and genuineness of the transaction, he proceeded to treat the said loan as unexplained cash credit

INCOME TAX OFFICER, WARD 1(1)(2), DEHRADUN, DEHRADUN vs. MAHALAXMI BUILDWELL, DEHRADUN

Appeal is dismissed in above terms

Bench: Shri Satbeer Singh Godara & Shri M. Balaganesh(Through Video Conferencing) Assessment Year: 2015-16 Income Tax Officer, Vs. Mahalaxmi Buildwell, Ward-1(1)(2), 118, Subhash Road, Dehradun Dehradun Pan :Aazfm1835G (Appellant) (Respondent) Assessee By Sh. Mayank Kumar Aggarwal, Ca Department By Sh. A.S. Rana, Sr. Dr

section 68 addition of unexplained cash credits to the tune of Rs.3.16 crores; reading as under: “4. During the course

SRIVAAS PROJECTS PRIVATE LTD,NEW DELHI vs. DCIT, CC, , DEHRADUN

Bench: Shri Saktijit Dey, Vice- & Shri M. Balaganesh

unexplained cash credits under section 68 of the Act and added back to the income of the assessee. However, before

DCIT, CC, , DEHRADUN vs. SRIVAAS PROJECTS PRIVATE LTD, RISHIKESH

Bench: Shri Saktijit Dey, Vice- & Shri M. Balaganesh

unexplained cash credits under section 68 of the Act and added back to the income of the assessee. However, before

M/S. SHEEL CHAND AGROILS (P) LTD.,NEW DELHI vs. ACIT, HALDWANI

In the result, the appeal filed by the assessee is allowed

68, is bad in law and against the facts and circumstances of the case. M/s Sheel Chand Agroils (P) Ltd. vs. ACIT 8. That having regard to the facts and circumstances of the case, Ld. CIT(A) has erred in law and on facts in dismissing the additional ground raised by the assessee. 9. That in any case

RAJESH AGGARWAL ,DEHRADUN vs. THE DEPUTY COMMISSIONER OF INCOME TAX OFFICER, CENTRAL CIRCLE, DEHRADUN

In the result, all the appeals of the assessee are allowed

unexplained cash credit under section 68 of the act. b. Disallowing the interest paid on such unsecured loans. 20. The aforesaid

SHRI KAPIL KUMAR,DEHRADUN vs. ITO, DEHRADUN

Appeal is allowed

Bench: Shri Satbeer Singh Godara & Shri M. Balaganesh(Through Video Conferencing) Assessment Year: 2017-18 Shri Kapil Kumar, Vs. Income Tax Officer, H. No. 10, Lane No. 6B, Ward-1(1)(4), Ashirwad Enclave, Dehradun Dehradun Pan :Cespk5488L (Appellant) (Respondent) Assessee By None Department By Sh. A.S. Rana, Sr. Dr

unexplained cash credits under section 68 r.w.s. 69 r.w.s. 115BBE of the Act as the latter had failed to prove

LOKESH KUMAR, PROP.,KOTDWAR vs. ITO, KOTDWAR

In the result, appeal is allowed for statistical purposes

Bench: Shri Saktijit Dey, Vice- & Shri M. Balaganeshassessment Year: 2011-12 Lokesh Kumar, Prop. Versus Income-Tax Officer, Ramesh Kumar Verma, Adv. Kotdwar. Durgapuri, Kotdwar. Pan: Ajrpk2548R (Appellant) (Respondent) Assessee By : None Revenue By : Sh. A.S. Rana, Sr. Dr Date Of Hearing : 22.06.2023 Date Of Pronouncement: 22.06.2023 Order This Is An Appeal By The Assessee Against Order Dated

unexplained cash credit under section 68 of the Act, being unsecured loan received by the assessee. The second addition of Rs.26

INSTITUTE OF CLINICAL RESEARCH (INDIA) SOCIETY,DEHRADUN vs. ACIT, DEHRADUN

In the result, the appeal filed by the assessee in ITA No

Bench: Shri Satbeer Singh Godara & Shri Naveen Chandra

unexplained cash credit inspite of the facts that the assessee did not fully discharged its onus u/s 68 of the Act." 6. At the very outset, the ld. counsel for the assessee fairly conceded that Ground No. 1 relating to invocation of provisions of section

DCIT, DEHRADUN vs. M/S INSTITUTE OF CLINICAL RESEARCH (INDIA) SOCIETY,, DEHRADUN

In the result, the appeal filed by the assessee in ITA No

Bench: Shri Satbeer Singh Godara & Shri Naveen Chandra

unexplained cash credit inspite of the facts that the assessee did not fully discharged its onus u/s 68 of the Act." 6. At the very outset, the ld. counsel for the assessee fairly conceded that Ground No. 1 relating to invocation of provisions of section