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534 results for “house property”+ Unexplained Moneyclear

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Key Topics

Section 153A149Addition to Income79Section 6875Section 143(3)38Section 13237Search & Seizure31Section 14728Section 14821Section 143(2)21

NITIN GUPTA,NEW DELHI vs. ITO WARD - 34(4), NEW DELHI

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

ITA 9223/DEL/2019[2016-17]Status: DisposedITAT Delhi04 Oct 2021AY 2016-17

Bench: Shri R.K. Pandaassessment Year: 2016-17 Nitin Gupta, Vs. Ito, C-1/23, Ashok Vihar Phase-Ii, Ward-34(4), New Delhi. New Delhi. Pan: Aeapg4313C (Appellant) (Respondent) Assessee By : Shri Rohit Tiwari, Advocate Revenue By : Shri R.K. Gupta, Sr. Dr Date Of Hearing : 26.08.2021 Date Of Pronouncement : 04.10.2021 Order

For Appellant: Shri Rohit Tiwari, AdvocateFor Respondent: Shri R.K. Gupta, Sr. DR
Section 5Section 95

money to him. Accordingly, the addition made by the Assessing Officer is confirmed.” 5. Aggrieved with such order of the CIT(A), the assessee is in appeal before the Tribunal by raising the following grounds:- 5 “1. That on the facts & in the circumstances of the case and in law, the order passed by the Ld. Commissioner of Income

ASHOK J THAPAR HUF,NEW DELHI vs. DCIT, CIRCLE-62(1), NEW DELHI

Showing 1–20 of 534 · Page 1 of 27

...
House Property20
Section 12A19
Cash Deposit15

In the result, the appeal is partly allowed

ITA 7533/DEL/2019[2015-16]Status: DisposedITAT Delhi30 Nov 2023AY 2015-16

Bench: Shri M. Balaganesh & Shrianubhav Sharmaassessment Year : 2015-16 Shri Ashok J. Thapar Huf Vs. Dcit, A-3, Pamposh Enclave, Circle-62(1), New Delhi New Delhi Pan : Aadha7372L (Appellant) (Respondent)

For Appellant: Dr. Rakesh Gupta, Adv. &For Respondent: Shri Kanv Bali, Sr. DR
Section 143(3)Section 24

unexplained transactions with two entities being more than ten years old, by no stretch can be termed as money lending business. The disallowance has rightly been upheld by Ld CIT (A). 9. The Bench has given thoughtful consideration to the matter on record and what comes up before us is that the agreement to sell for purchase of the property

WEL INTERTRADE PVT. LTD.,NEW DELHI vs. DCIT, NEW DELHI

In the result, the appeal of the assessee in ITA No

ITA 1460/DEL/2017[2012-13]Status: DisposedITAT Delhi13 Jun 2022AY 2012-13

Bench: Before Shri N.K. Billaiya & Ms. Astha Chandraasstt. Year : 2011-12 Wel Intertrade Private Vs. Acit, Circle-27(2), Limited, New Delhi. 5,E Local Shopping Centre Masjid Moth, Greater Kailash Part 2, New Delhi – 110 048 Pan Aaacw10187F (Appellant) (Respondent) Asstt. Year : 2012-13

For Appellant: Shri C.S. Agarwal, Sr. AdvocateFor Respondent: Shri Umesh Takyar, Sr. DR
Section 143(2)Section 143(3)

property by the assessee. 6.10.6 We, therefore, hold that the income derived by the assessee from running Business Centre amounting in all to Rs. 1,17,76,874/- and income of Rs. 13,43,161/- by way of reimbursement of expense constitute Business income and are assessable as such. The Ld. AO is directed to modify the assessment and carry

THE KUMAR FAMILY TRUST,DELHI vs. ACIT, CENTRAL CIRCLE-4, NEW DELHI

In the result, appeal for AYs 2013-14 & 2014-15 are unabated and assessments are set aside due to no incriminating material found during the search and the appeals for the said assessment years are...

ITA 2774/DEL/2022[2017-18]Status: DisposedITAT Delhi20 Nov 2024AY 2017-18

Bench: Shri S. Rifaur Rahman & Shri Sudhir Kumar, Judicialmember

For Appellant: Shri Akkal Dudhwewala, CAFor Respondent: Ms. Sapna Bhatia, CIT DR
Section 132Section 139Section 143(2)Section 153ASection 22Section 23(2)

House Property is upheld. He rejected the other alternatives proposed by the assessee for computing the fair rent on the basis of backward calculation of municipal tax paid. 14. At the time of hearing, ld. AR of the assessee submitted that ground no.1 raised in AYs 2013-14 to 2016-17 which are unabated assessments and owing to no incriminating

THE KUMAR FAMILY TRUST,DELHI vs. ACIT, CENTRAL CIRCLE-4, NEW DELHI

In the result, appeal for AYs 2013-14 & 2014-15 are unabated and assessments are set aside due to no incriminating material found during the search and the appeals for the said assessment years are...

ITA 2772/DEL/2022[2015-16]Status: DisposedITAT Delhi20 Nov 2024AY 2015-16

Bench: Shri S. Rifaur Rahman & Shri Sudhir Kumar, Judicialmember

For Appellant: Shri Akkal Dudhwewala, CAFor Respondent: Ms. Sapna Bhatia, CIT DR
Section 132Section 139Section 143(2)Section 153ASection 22Section 23(2)

House Property is upheld. He rejected the other alternatives proposed by the assessee for computing the fair rent on the basis of backward calculation of municipal tax paid. 14. At the time of hearing, ld. AR of the assessee submitted that ground no.1 raised in AYs 2013-14 to 2016-17 which are unabated assessments and owing to no incriminating

THE KUMAR FAMILY TRUST,DELHI vs. ACIT, CENTRAL CIRCLE-4, DELHI

In the result, appeal for AYs 2013-14 & 2014-15 are unabated and assessments are set aside due to no incriminating material found during the search and the appeals for the said assessment years are...

ITA 2773/DEL/2022[2016-17]Status: DisposedITAT Delhi20 Nov 2024AY 2016-17

Bench: Shri S. Rifaur Rahman & Shri Sudhir Kumar, Judicialmember

For Appellant: Shri Akkal Dudhwewala, CAFor Respondent: Ms. Sapna Bhatia, CIT DR
Section 132Section 139Section 143(2)Section 153ASection 22Section 23(2)

House Property is upheld. He rejected the other alternatives proposed by the assessee for computing the fair rent on the basis of backward calculation of municipal tax paid. 14. At the time of hearing, ld. AR of the assessee submitted that ground no.1 raised in AYs 2013-14 to 2016-17 which are unabated assessments and owing to no incriminating

THE KUMAR FAMILY TRUST,DELHI vs. ACIT, CENTRAL CIRCLE-4, DELHI

In the result, appeal for AYs 2013-14 & 2014-15 are unabated and assessments are set aside due to no incriminating material found during the search and the appeals for the said assessment years are...

ITA 2775/DEL/2022[2018-19]Status: DisposedITAT Delhi20 Nov 2024AY 2018-19

Bench: Shri S. Rifaur Rahman & Shri Sudhir Kumar, Judicialmember

For Appellant: Shri Akkal Dudhwewala, CAFor Respondent: Ms. Sapna Bhatia, CIT DR
Section 132Section 139Section 143(2)Section 153ASection 22Section 23(2)

House Property is upheld. He rejected the other alternatives proposed by the assessee for computing the fair rent on the basis of backward calculation of municipal tax paid. 14. At the time of hearing, ld. AR of the assessee submitted that ground no.1 raised in AYs 2013-14 to 2016-17 which are unabated assessments and owing to no incriminating

THE KUMAR FAMILY TRUST,DELHI vs. ACIT, CENTRAL CIRCLE-4, NEW DELHI

In the result, appeal for AYs 2013-14 & 2014-15 are unabated and assessments are set aside due to no incriminating material found during the search and the appeals for the said assessment years are...

ITA 2770/DEL/2022[2013-14]Status: DisposedITAT Delhi20 Nov 2024AY 2013-14

Bench: Shri S. Rifaur Rahman & Shri Sudhir Kumar, Judicialmember

For Appellant: Shri Akkal Dudhwewala, CAFor Respondent: Ms. Sapna Bhatia, CIT DR
Section 132Section 139Section 143(2)Section 153ASection 22Section 23(2)

House Property is upheld. He rejected the other alternatives proposed by the assessee for computing the fair rent on the basis of backward calculation of municipal tax paid. 14. At the time of hearing, ld. AR of the assessee submitted that ground no.1 raised in AYs 2013-14 to 2016-17 which are unabated assessments and owing to no incriminating

THE KUMAR FAMILY TRUST,DELHI vs. ACIT, CENTRAL CIRCLE-4, DELHI

In the result, appeal for AYs 2013-14 & 2014-15 are unabated and assessments are set aside due to no incriminating material found during the search and the appeals for the said assessment years are...

ITA 2776/DEL/2022[2019-20]Status: DisposedITAT Delhi20 Nov 2024AY 2019-20

Bench: Shri S. Rifaur Rahman & Shri Sudhir Kumar, Judicialmember

For Appellant: Shri Akkal Dudhwewala, CAFor Respondent: Ms. Sapna Bhatia, CIT DR
Section 132Section 139Section 143(2)Section 153ASection 22Section 23(2)

House Property is upheld. He rejected the other alternatives proposed by the assessee for computing the fair rent on the basis of backward calculation of municipal tax paid. 14. At the time of hearing, ld. AR of the assessee submitted that ground no.1 raised in AYs 2013-14 to 2016-17 which are unabated assessments and owing to no incriminating

THE KUMAR FAMILY TRUST,DELHI vs. ACIT, CENTER CIRCLE-4, DELHI

In the result, appeal for AYs 2013-14 & 2014-15 are unabated and assessments are set aside due to no incriminating material found during the search and the appeals for the said assessment years are...

ITA 2771/DEL/2022[2014-15]Status: DisposedITAT Delhi20 Nov 2024AY 2014-15

Bench: Shri S. Rifaur Rahman & Shri Sudhir Kumar, Judicialmember

For Appellant: Shri Akkal Dudhwewala, CAFor Respondent: Ms. Sapna Bhatia, CIT DR
Section 132Section 139Section 143(2)Section 153ASection 22Section 23(2)

House Property is upheld. He rejected the other alternatives proposed by the assessee for computing the fair rent on the basis of backward calculation of municipal tax paid. 14. At the time of hearing, ld. AR of the assessee submitted that ground no.1 raised in AYs 2013-14 to 2016-17 which are unabated assessments and owing to no incriminating

SMT. RITU SINGH,DELHI vs. ITO, NEW DELHI

In the result, appeal of the assessee is allowed

ITA 6504/DEL/2016[2012-13]Status: DisposedITAT Delhi24 Feb 2023AY 2012-13

Bench: Shri Shamim Yahya & Ms. Astha Chandraasstt. Year: 2012-13

For Appellant: Shri Hiren Mehta, CAFor Respondent: Ms. Princy Singla, Sr. DR
Section 143(1)Section 143(3)Section 54Section 68

house property of the assessee at 345 Block-C, Omaxe, Noida City, Greater Noida for Rs. 79,71,600/-. Accordingly, in para 20.20 he determined the LTCG at Rs. 98,81,868/- i.e. (Rs. 1,78,53,468/- as computed by the assessee – Rs. 79,71,600/- invested in the above Greater Noida property). The Ld. CIT(A) denied

ACIT, CIRCLE CC 15, NEW DELHI vs. ALKA MENDIRATTA , DELHI

In the result, the appeals of the Revenue are dismissed and the Cross Objections of the assessees are also dismissed

ITA 1864/DEL/2021[2016-17]Status: DisposedITAT Delhi08 Mar 2024AY 2016-17

Bench: Dr. B. R. R. Kumarms. Astha Chandra

For Appellant: Sh. Amit Goel, CA &For Respondent: Ms. Sapna Bhatia, CIT-DR
Section 153ASection 69

unexplained investment. The fact that this property as referred in the said proposed ATS was purchased by the Appellant and the spouse of the' Appellant from the parties whose names have been recorded as sellers in the ATS. Thus, except for the mere coincidence of the property and the sellers being the same, there cannot be a presumption, without

ACIT, CC-15, NEW DELHI vs. YASH PAL MENDIRATTA, DELHI

In the result, the appeals of the Revenue are dismissed and the Cross Objections of the assessees are also dismissed

ITA 1863/DEL/2021[2016-17]Status: DisposedITAT Delhi08 Mar 2024AY 2016-17

Bench: Dr. B. R. R. Kumarms. Astha Chandra

For Appellant: Sh. Amit Goel, CA &For Respondent: Ms. Sapna Bhatia, CIT-DR
Section 153ASection 69

unexplained investment. The fact that this property as referred in the said proposed ATS was purchased by the Appellant and the spouse of the' Appellant from the parties whose names have been recorded as sellers in the ATS. Thus, except for the mere coincidence of the property and the sellers being the same, there cannot be a presumption, without

VINAY CHAUDHARY,PITAMPURA vs. ACIT INT TAX 1(2)(1), DELHI

In the result, the appeal of the assesse is allowed

ITA 3115/DEL/2023[2021-22]Status: DisposedITAT Delhi02 Apr 2026AY 2021-22

Bench: “Shri Ramit Kochar & Shri Raj Kumar Chauhan

Section 133(6)Section 142(1)Section 143(2)Section 143(3)Section 144C(13)Section 144C(5)Section 54Section 54FSection 69A

house property. Subsequently, the case was selected for limited scrutiny. Vide draft assessment order dated 31.12.2022 2 Vinay Chaudhary the ld. AO proposed to make addition of sale of shares amounting to Rs. 4,14,06,000/- treating the same to be bogus/non-genuine as unexplained money

SUNITA BHARDWAJ,NEW DELHI vs. ITO WARD 61(1), NEW DELHI

In the result appeal of the assessee is partly allowed

ITA 1429/DEL/2024[2018-2019]Status: DisposedITAT Delhi31 Dec 2025AY 2018-2019

Bench: SHRI MAHAVIR SINGH (Vice President), SHRI MANISH AGARWAL (Accountant Member)

Section 147Section 151Section 234ASection 250Section 69A

unexplained money u/s 69A is bad in law and against the facts and circumstances of the case and the same is not sustainable on various legal and factual grounds. 5. That having regard to the facts and circumstances of the case, Ld. CIT(A) has erred in law and on facts in sustaining the action

SUNITA BHARDWAJ,NEW DELHI vs. ITO WARD 61(1), NEW DELHI

In the result appeal of the assessee is partly allowed

ITA 1430/DEL/2024[2017-2018]Status: DisposedITAT Delhi31 Dec 2025AY 2017-2018

Bench: SHRI MAHAVIR SINGH (Vice President), SHRI MANISH AGARWAL (Accountant Member)

Section 147Section 151Section 234ASection 250Section 69A

unexplained money u/s 69A is bad in law and against the facts and circumstances of the case and the same is not sustainable on various legal and factual grounds. 5. That having regard to the facts and circumstances of the case, Ld. CIT(A) has erred in law and on facts in sustaining the action

SUNITA BHARDWAJ,NEW DELHI vs. ITO WARD 61(1), NEW DELHI

In the result appeal of the assessee is partly allowed

ITA 1431/DEL/2024[2016-2017]Status: DisposedITAT Delhi31 Dec 2025AY 2016-2017

Bench: SHRI MAHAVIR SINGH (Vice President), SHRI MANISH AGARWAL (Accountant Member)

Section 147Section 151Section 234ASection 250Section 69A

unexplained money u/s 69A is bad in law and against the facts and circumstances of the case and the same is not sustainable on various legal and factual grounds. 5. That having regard to the facts and circumstances of the case, Ld. CIT(A) has erred in law and on facts in sustaining the action

KUSUM LATA,NOIDA vs. DCIT, CENTRAL CIRCLE , NOIDA

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

ITA 876/DEL/2018[2012-13]Status: DisposedITAT Delhi30 Apr 2024AY 2012-13

Bench: SHRI S.RIFAUR RAHMAN (Accountant Member), SHRI VIMAL KUMAR (Judicial Member)

Section 132Section 143(3)Section 153ASection 54FSection 69

house property, unexplained investment (is submitted to be fair Ld. AO has not made the additions of Rs.6,16,000/- even though he has discussed in this order) and disallowance of claim u/s 54F and unexplained investment in land were made based on the information collected post search. In this regard, he brought to our notice the various discussions from

KUSUM LATA,NOIDA vs. DCIT, CENTRAL CIRCLE , NOIDA

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

ITA 874/DEL/2018[2010-11]Status: FixedITAT Delhi30 Apr 2024AY 2010-11

Bench: SHRI S.RIFAUR RAHMAN (Accountant Member), SHRI VIMAL KUMAR (Judicial Member)

Section 132Section 143(3)Section 153ASection 54FSection 69

house property, unexplained investment (is submitted to be fair Ld. AO has not made the additions of Rs.6,16,000/- even though he has discussed in this order) and disallowance of claim u/s 54F and unexplained investment in land were made based on the information collected post search. In this regard, he brought to our notice the various discussions from

KUSUM LATA,NOIDA vs. DCIT, CENTRAL CIRCLE , NOIDA

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

ITA 877/DEL/2018[2013-14]Status: DisposedITAT Delhi30 Apr 2024AY 2013-14

Bench: SHRI S.RIFAUR RAHMAN (Accountant Member), SHRI VIMAL KUMAR (Judicial Member)

Section 132Section 143(3)Section 153ASection 54FSection 69

house property, unexplained investment (is submitted to be fair Ld. AO has not made the additions of Rs.6,16,000/- even though he has discussed in this order) and disallowance of claim u/s 54F and unexplained investment in land were made based on the information collected post search. In this regard, he brought to our notice the various discussions from