ZIA RATHI,DELHI vs. INCOME TAX OFFICER WARD-44(3), DELHI

In the result, appeal filed by the assessee is allowed

Bench: Shri Sudhir Kumar & Shri Manish Agarwalmrs. Zia Rathi, Income Tax Officer, 274, Dda Flats, Sector-1A, Ward-44(3), Dwarka Nasirpur, Vs. Delhi. New Delhi-110045. Pan-Bsvpr9218M (Appellant) (Respondent) Assessee By Dr. Rakesh Gupta, Adv. Shri Somil Agarwal, Adv. Shri Saksham Agarwal, Ca & Shri Deepesh Garg, Adv. Department By Ms. Ankush Kalra, Sr. Dr Date Of Hearing 04/11/2025 Date Of Pronouncement 16/01/2026 O R D E R Per Manish Agarwal, Am: This Appeal Is Filed By The Assessee Against The Order Of Learned Commissioner Of Income Tax, National Faceless Appeal Centre (Nfac), Delhi (‘Ld. Cit(A)’ In Short) Dated 27.02.2024 In Appeal No. Cit(A), Delhi- 15/11146/2019-20 Arising Out Of The Order Passed U/S 143(3) Of The Income Tax Act, 1961 (‘The Act’ For Short) For Assessment Year 2017-18. 2. Brief Facts Of The Case Are That Assessee Is Sole Proprietor Of M/S Veezee Traders Engaged In The Business Of Trading Of Pvc Coated Imported Fabric. The Zia Rathi Vs. Ito

demonetization period for which case was reopened u's 147 and which was accepted by Ld. AO in the reassessment

DCIT, CC- 13, JHANDEWALAN vs. PARAGON INDUSTRIES LIMITED, GHAZIABAD

In the result, appeal of Revenue in ITA Nos

Bench: Shri Satbeer Singh Godara & Shri Naveen Chandra

demonetization period. 6. The ld. DR relying on the orders of the authorities below vehemently submitted that there is no jurisdictional error as the reassessment

INCOME TAX OFFICER WARD 10-3, NEW DELHI, NEW DELHI vs. GRAPE MARKETING PVT LTD, DELHI

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

Bench: Ms. Madhumita Roy & Shri Naveen Chandra

demonetization period and based on said information, Assessing Officer verified PAN details of assessee and recorded reasons to Page 4 of 9 [A.Y. 2012-13] Grape Marketing Pvt Ltd believe that cash deposit remained unexplained, reassessment

LATE SHRI HAJI MOHD. DILSHAD THROUGH L/H. SHRI DILNAWAZ & MRS. MEHRUNISSA,MUZAFFARNAGAR vs. ACIT, MUZAFFARNAGAR

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

Bench: Ms. Madhumita Roy & Shri Naveen Chandra

demonetization period and based on said information, Assessing Officer verified PAN details of assessee and recorded reasons to Page 4 of 9 [A.Y. 2012-13] Grape Marketing Pvt Ltd believe that cash deposit remained unexplained, reassessment

KAJAL BATRA,DELHI vs. ACIT,CIRCLE-52(1), DELHI

In the result, the appeal of the assessee stands dismissed as above

Bench: Shri Vijay Pal Rao, Hon’Ble & Shri Avdhesh Kumar Mishra

demonetization period; prima-facie leads to infer the escapement of income particularly when one of the bank accounts is not disclosed in the ITR and assessee did not file any explanation thereof. 8. The Hon’ble Supreme Court in the case of Raymond Woollen Mills Ltd. 236 ITR 34 have held that in determining whether commencement of reassessment

ARVIND KUMAR PROP. M/S SHREE BALAJI TRADING CO.,PANIPAT vs. ADDL/JT/ASST COMMISSIONER OF INCOME TAX/INCOME TAX OFFICER, NFAC, DELHI, DELHI

In the result, the appeal of the assessee is partly allowed for statistical\npurposes as indicated above

demonetization period withdrawn out of\nregular account books maintained in illegal.\nGround 5 – That the taxation of the addition of Rs.43,00,000/- u/s\n115BBE of the Income Tax Act is against law and facts.\"\n\n7. The assessee has taken the following additional grounds :-\n\n"1. That having regard to the facts and circumstances of the\ncase

ACIT, CC-29, NEW DELHI vs. SUBHASH CHNAD GUPTA, DELHI

Accordingly, the grounds raised by the Revenue are dismissed

Bench: Shri M. Balaganesh & Shri Sudhir Kumarsubhash Chand Gupta Vs. Acit, B-41, Kailash Colony, Central Circle – 29, New Delhi – 110 054 New Delhi Pan: Aaapg 2554 K (Appellant) (Respondent) & Acit, Vs. Subhash Chand Gupta Central Circle – 29, 43/1M Rajpur Road, New Delhi Civil Lines, North Delhi, New Delhi – 110 054 Pan: Aaapg 2554 K (Appellant) (Respondent) Assessee By : Shri Sankalp Malik, Adv. Revenue By: Shri V. K. Dubey, Sr. D.R. Date Of Hearing 14/10/2024 Date Of Pronouncement 18/10/2024 O R D E R Per M. Balaganesh, A. M.: The Appeals In Ita Nos. 2529/Del/2022 & Ita 1. No.1557/Del/2021 For Ays 2015-16 & 2017-18, Arises Out Of The Order Of The Commissioner Of Income Tax (Appeals)-30, New

reassessment is quashed, the other ground raised by the assessee on merits need not be adjudicated and they are left open. 6. In the result, appeal of the assessee in A.Y. 2015-16 is allowed. 7. Though the Revenue has raised several grounds before us, the only effective issue to be decided in this appeal is as to whether

SUBHASH CHAND GUPTA,NEW DELHI vs. ACIT, CENTRAL CIRCLE-29, NEW DELHI

Accordingly, the grounds raised by the Revenue are dismissed

Bench: Shri M. Balaganesh & Shri Sudhir Kumarsubhash Chand Gupta Vs. Acit, B-41, Kailash Colony, Central Circle – 29, New Delhi – 110 054 New Delhi Pan: Aaapg 2554 K (Appellant) (Respondent) & Acit, Vs. Subhash Chand Gupta Central Circle – 29, 43/1M Rajpur Road, New Delhi Civil Lines, North Delhi, New Delhi – 110 054 Pan: Aaapg 2554 K (Appellant) (Respondent) Assessee By : Shri Sankalp Malik, Adv. Revenue By: Shri V. K. Dubey, Sr. D.R. Date Of Hearing 14/10/2024 Date Of Pronouncement 18/10/2024 O R D E R Per M. Balaganesh, A. M.: The Appeals In Ita Nos. 2529/Del/2022 & Ita 1. No.1557/Del/2021 For Ays 2015-16 & 2017-18, Arises Out Of The Order Of The Commissioner Of Income Tax (Appeals)-30, New

reassessment is quashed, the other ground raised by the assessee on merits need not be adjudicated and they are left open. 6. In the result, appeal of the assessee in A.Y. 2015-16 is allowed. 7. Though the Revenue has raised several grounds before us, the only effective issue to be decided in this appeal is as to whether

DCIT, CENTRAL CIRCLE-II, NOIDA, NOIDA vs. NAGPAL FABRICS PVT. LTD., DELHI

In the result, the appeal of the Revenue is dismissed

Bench: Shri Pradip Kumar Kedia & Shri Vimal Kumar[Assessment Year : 2021-22] Dcit Vs Nagpal Fabrics Pvt.Ltd. Central Circle-Ii 697 Katra Neel Chandni Noida. Chowk, New Delhi-110006. Pan-Aabcn9620F Appellant Respondent Appellant By Shri Amit Shukla, Sr. Dr Respondent By Shri Akhilesh Kumar, Adv. & Shri Govind Agarwal, Ca Date Of Hearing 21.10.2024 Date Of Pronouncement 18.12.2024

demonetization period in the bank account, the AO accepted Rs. 1,50,00,000/- as cash sale on estimated basis but no basis or method was adopted for that estimation, in other words the AO considered the aforesaid estimated sales only on the basis of surmises & conjectures which is not tenable in the eyes of law. In the present case

M/S FLUOR DANIER INDIA PVT. LTD.,,NEW DELHI vs. DCIT, NEW DELHI

In the result, appeal of the assessee in ITA No

Bench: Shri Sudhir Kumar & Shri Manish Agarwal[Assessment Year : 2014-15] Dcit, Vs Reliance Ritu Kumar Pvt.Ltd. Central Circle-4, (Earlier Known As Ritika New Delhi Pvt.Ltd.), B-38, Sagar Apartment, 6, Tilak Marg, New Delhi-110001. Pan-Aabcr5510N Appellant Respondent

demonetization they had opened their bank account with HDFC Bank and started receiving salary in the same. 28. In view of the above, analysis of the facts, it can be concluded that the appellant has substantiated the genuineness of job work charges paid by it to the job workers and further the utilization of the said job work receipts

ACIT CENTRAL CIRCLE-14, NEW DELHI vs. BRIJWASI JEWELLERS, NEW DELHI

In the result, the appeals of the assessee are allowed and the appeals of the Revenue are dismissed

Bench: Sh. C. M. Gargdr. B. R. R. Kumarita No. 9284/Del/2019 : Asstt. Year : 2010-11 Ita No. 9355/Del/2019 : Asstt. Year : 2011-12 Ita No. 9356/Del/2019 : Asstt. Year : 2012-13 Ita No. 1027/Del/2021 : Asstt. Year : 2017-18 Brijwasi Jewellers, Vs Acit, 1170, Kucha Mahajani, Chandni Central Circle-14, Chowk, Delhi-110006 New Delhi-110006 (Appellant) (Respondent) Pan No. Aaafb2917R Ita No. 880/Del/2020 : Asstt. Year : 2010-11 Ita No. 881/Del/2020 : Asstt. Year : 2011-12 Ita No. 882/Del/2020 : Asstt. Year : 2012-13 Ita No. 1950/Del/2021 : Asstt. Year : 2017-18 Acit, Vs Brijwasi Jewellers, Central Circle-14, 1170, Kucha Mahajani, Chandni New Delhi-110006 Chowk, Delhi-110006 (Appellant) (Respondent) Pan No. Aaafb2917R Assessee By : Sh. Ved Jain, Adv. & Sh. Aman Garg, Ca Revenue By : Sh. Kanv Bali, Sr. Dr Date Of Hearing: 08.08.2023 Date Of Pronouncement: 19.10.2023 Order Per Bench:

reassessment proceedings initiated by the learned AO without valid approval of the prescribed authority under the Act is bad in law and liable to be quashed. 10.(i) On the facts and circumstances of the case, the learned CIT(A) has erred both on facts and in law in confirming the addition of Rs.67,64,541/- made

BRIJWASI JEWELLERS,NEW DELHI vs. ACIT, CENTRAL CIRCLE-14, NEW DELHI

In the result, the appeals of the assessee are allowed and the appeals of the Revenue are dismissed

Bench: Sh. C. M. Gargdr. B. R. R. Kumarita No. 9284/Del/2019 : Asstt. Year : 2010-11 Ita No. 9355/Del/2019 : Asstt. Year : 2011-12 Ita No. 9356/Del/2019 : Asstt. Year : 2012-13 Ita No. 1027/Del/2021 : Asstt. Year : 2017-18 Brijwasi Jewellers, Vs Acit, 1170, Kucha Mahajani, Chandni Central Circle-14, Chowk, Delhi-110006 New Delhi-110006 (Appellant) (Respondent) Pan No. Aaafb2917R Ita No. 880/Del/2020 : Asstt. Year : 2010-11 Ita No. 881/Del/2020 : Asstt. Year : 2011-12 Ita No. 882/Del/2020 : Asstt. Year : 2012-13 Ita No. 1950/Del/2021 : Asstt. Year : 2017-18 Acit, Vs Brijwasi Jewellers, Central Circle-14, 1170, Kucha Mahajani, Chandni New Delhi-110006 Chowk, Delhi-110006 (Appellant) (Respondent) Pan No. Aaafb2917R Assessee By : Sh. Ved Jain, Adv. & Sh. Aman Garg, Ca Revenue By : Sh. Kanv Bali, Sr. Dr Date Of Hearing: 08.08.2023 Date Of Pronouncement: 19.10.2023 Order Per Bench:

reassessment proceedings initiated by the learned AO without valid approval of the prescribed authority under the Act is bad in law and liable to be quashed. 10.(i) On the facts and circumstances of the case, the learned CIT(A) has erred both on facts and in law in confirming the addition of Rs.67,64,541/- made

ACIT, CENTRAL CIRCLE-14, NEW DELHI vs. BRIJWASI JEWELLERS, DELHI

In the result, the appeals of the assessee are allowed and the appeals of the Revenue are dismissed

Bench: Sh. C. M. Gargdr. B. R. R. Kumarita No. 9284/Del/2019 : Asstt. Year : 2010-11 Ita No. 9355/Del/2019 : Asstt. Year : 2011-12 Ita No. 9356/Del/2019 : Asstt. Year : 2012-13 Ita No. 1027/Del/2021 : Asstt. Year : 2017-18 Brijwasi Jewellers, Vs Acit, 1170, Kucha Mahajani, Chandni Central Circle-14, Chowk, Delhi-110006 New Delhi-110006 (Appellant) (Respondent) Pan No. Aaafb2917R Ita No. 880/Del/2020 : Asstt. Year : 2010-11 Ita No. 881/Del/2020 : Asstt. Year : 2011-12 Ita No. 882/Del/2020 : Asstt. Year : 2012-13 Ita No. 1950/Del/2021 : Asstt. Year : 2017-18 Acit, Vs Brijwasi Jewellers, Central Circle-14, 1170, Kucha Mahajani, Chandni New Delhi-110006 Chowk, Delhi-110006 (Appellant) (Respondent) Pan No. Aaafb2917R Assessee By : Sh. Ved Jain, Adv. & Sh. Aman Garg, Ca Revenue By : Sh. Kanv Bali, Sr. Dr Date Of Hearing: 08.08.2023 Date Of Pronouncement: 19.10.2023 Order Per Bench:

reassessment proceedings initiated by the learned AO without valid approval of the prescribed authority under the Act is bad in law and liable to be quashed. 10.(i) On the facts and circumstances of the case, the learned CIT(A) has erred both on facts and in law in confirming the addition of Rs.67,64,541/- made

ACIT CENTRAL CIRCLE-14, NEW DELHI vs. BRIJWASI JEWELLERS, NEW DELHI

In the result, the appeals of the assessee are allowed and the appeals of the Revenue are dismissed

Bench: Sh. C. M. Gargdr. B. R. R. Kumarita No. 9284/Del/2019 : Asstt. Year : 2010-11 Ita No. 9355/Del/2019 : Asstt. Year : 2011-12 Ita No. 9356/Del/2019 : Asstt. Year : 2012-13 Ita No. 1027/Del/2021 : Asstt. Year : 2017-18 Brijwasi Jewellers, Vs Acit, 1170, Kucha Mahajani, Chandni Central Circle-14, Chowk, Delhi-110006 New Delhi-110006 (Appellant) (Respondent) Pan No. Aaafb2917R Ita No. 880/Del/2020 : Asstt. Year : 2010-11 Ita No. 881/Del/2020 : Asstt. Year : 2011-12 Ita No. 882/Del/2020 : Asstt. Year : 2012-13 Ita No. 1950/Del/2021 : Asstt. Year : 2017-18 Acit, Vs Brijwasi Jewellers, Central Circle-14, 1170, Kucha Mahajani, Chandni New Delhi-110006 Chowk, Delhi-110006 (Appellant) (Respondent) Pan No. Aaafb2917R Assessee By : Sh. Ved Jain, Adv. & Sh. Aman Garg, Ca Revenue By : Sh. Kanv Bali, Sr. Dr Date Of Hearing: 08.08.2023 Date Of Pronouncement: 19.10.2023 Order Per Bench:

reassessment proceedings initiated by the learned AO without valid approval of the prescribed authority under the Act is bad in law and liable to be quashed. 10.(i) On the facts and circumstances of the case, the learned CIT(A) has erred both on facts and in law in confirming the addition of Rs.67,64,541/- made

BRIJWASI JEWELLERS,NEW DELHI vs. ACIT CENTRAL CIRCLE-06, NEW DELHI

In the result, the appeals of the assessee are allowed and the appeals of the Revenue are dismissed

Bench: Sh. C. M. Gargdr. B. R. R. Kumarita No. 9284/Del/2019 : Asstt. Year : 2010-11 Ita No. 9355/Del/2019 : Asstt. Year : 2011-12 Ita No. 9356/Del/2019 : Asstt. Year : 2012-13 Ita No. 1027/Del/2021 : Asstt. Year : 2017-18 Brijwasi Jewellers, Vs Acit, 1170, Kucha Mahajani, Chandni Central Circle-14, Chowk, Delhi-110006 New Delhi-110006 (Appellant) (Respondent) Pan No. Aaafb2917R Ita No. 880/Del/2020 : Asstt. Year : 2010-11 Ita No. 881/Del/2020 : Asstt. Year : 2011-12 Ita No. 882/Del/2020 : Asstt. Year : 2012-13 Ita No. 1950/Del/2021 : Asstt. Year : 2017-18 Acit, Vs Brijwasi Jewellers, Central Circle-14, 1170, Kucha Mahajani, Chandni New Delhi-110006 Chowk, Delhi-110006 (Appellant) (Respondent) Pan No. Aaafb2917R Assessee By : Sh. Ved Jain, Adv. & Sh. Aman Garg, Ca Revenue By : Sh. Kanv Bali, Sr. Dr Date Of Hearing: 08.08.2023 Date Of Pronouncement: 19.10.2023 Order Per Bench:

reassessment proceedings initiated by the learned AO without valid approval of the prescribed authority under the Act is bad in law and liable to be quashed. 10.(i) On the facts and circumstances of the case, the learned CIT(A) has erred both on facts and in law in confirming the addition of Rs.67,64,541/- made

BRIJWASI JEWELLERS,NEW DELHI vs. ACIT CENTRAL CIRCLE-06, NEW DELHI

In the result, the appeals of the assessee are allowed and the appeals of the Revenue are dismissed

Bench: Sh. C. M. Gargdr. B. R. R. Kumarita No. 9284/Del/2019 : Asstt. Year : 2010-11 Ita No. 9355/Del/2019 : Asstt. Year : 2011-12 Ita No. 9356/Del/2019 : Asstt. Year : 2012-13 Ita No. 1027/Del/2021 : Asstt. Year : 2017-18 Brijwasi Jewellers, Vs Acit, 1170, Kucha Mahajani, Chandni Central Circle-14, Chowk, Delhi-110006 New Delhi-110006 (Appellant) (Respondent) Pan No. Aaafb2917R Ita No. 880/Del/2020 : Asstt. Year : 2010-11 Ita No. 881/Del/2020 : Asstt. Year : 2011-12 Ita No. 882/Del/2020 : Asstt. Year : 2012-13 Ita No. 1950/Del/2021 : Asstt. Year : 2017-18 Acit, Vs Brijwasi Jewellers, Central Circle-14, 1170, Kucha Mahajani, Chandni New Delhi-110006 Chowk, Delhi-110006 (Appellant) (Respondent) Pan No. Aaafb2917R Assessee By : Sh. Ved Jain, Adv. & Sh. Aman Garg, Ca Revenue By : Sh. Kanv Bali, Sr. Dr Date Of Hearing: 08.08.2023 Date Of Pronouncement: 19.10.2023 Order Per Bench:

reassessment proceedings initiated by the learned AO without valid approval of the prescribed authority under the Act is bad in law and liable to be quashed. 10.(i) On the facts and circumstances of the case, the learned CIT(A) has erred both on facts and in law in confirming the addition of Rs.67,64,541/- made

ACIT CENTRAL CIRCLE-14, NEW DELHI vs. BRIJWASI JEWELLERS, NEW DELHI

In the result, the appeals of the assessee are allowed and the appeals of the Revenue are dismissed

Bench: Sh. C. M. Gargdr. B. R. R. Kumarita No. 9284/Del/2019 : Asstt. Year : 2010-11 Ita No. 9355/Del/2019 : Asstt. Year : 2011-12 Ita No. 9356/Del/2019 : Asstt. Year : 2012-13 Ita No. 1027/Del/2021 : Asstt. Year : 2017-18 Brijwasi Jewellers, Vs Acit, 1170, Kucha Mahajani, Chandni Central Circle-14, Chowk, Delhi-110006 New Delhi-110006 (Appellant) (Respondent) Pan No. Aaafb2917R Ita No. 880/Del/2020 : Asstt. Year : 2010-11 Ita No. 881/Del/2020 : Asstt. Year : 2011-12 Ita No. 882/Del/2020 : Asstt. Year : 2012-13 Ita No. 1950/Del/2021 : Asstt. Year : 2017-18 Acit, Vs Brijwasi Jewellers, Central Circle-14, 1170, Kucha Mahajani, Chandni New Delhi-110006 Chowk, Delhi-110006 (Appellant) (Respondent) Pan No. Aaafb2917R Assessee By : Sh. Ved Jain, Adv. & Sh. Aman Garg, Ca Revenue By : Sh. Kanv Bali, Sr. Dr Date Of Hearing: 08.08.2023 Date Of Pronouncement: 19.10.2023 Order Per Bench:

reassessment proceedings initiated by the learned AO without valid approval of the prescribed authority under the Act is bad in law and liable to be quashed. 10.(i) On the facts and circumstances of the case, the learned CIT(A) has erred both on facts and in law in confirming the addition of Rs.67,64,541/- made

BRIJWASI JEWELLERS,NEW DELHI vs. ACIT CENTRAL CIRCLE-06, NEW DELHI

In the result, the appeals of the assessee are allowed and the appeals of the Revenue are dismissed

Bench: Sh. C. M. Gargdr. B. R. R. Kumarita No. 9284/Del/2019 : Asstt. Year : 2010-11 Ita No. 9355/Del/2019 : Asstt. Year : 2011-12 Ita No. 9356/Del/2019 : Asstt. Year : 2012-13 Ita No. 1027/Del/2021 : Asstt. Year : 2017-18 Brijwasi Jewellers, Vs Acit, 1170, Kucha Mahajani, Chandni Central Circle-14, Chowk, Delhi-110006 New Delhi-110006 (Appellant) (Respondent) Pan No. Aaafb2917R Ita No. 880/Del/2020 : Asstt. Year : 2010-11 Ita No. 881/Del/2020 : Asstt. Year : 2011-12 Ita No. 882/Del/2020 : Asstt. Year : 2012-13 Ita No. 1950/Del/2021 : Asstt. Year : 2017-18 Acit, Vs Brijwasi Jewellers, Central Circle-14, 1170, Kucha Mahajani, Chandni New Delhi-110006 Chowk, Delhi-110006 (Appellant) (Respondent) Pan No. Aaafb2917R Assessee By : Sh. Ved Jain, Adv. & Sh. Aman Garg, Ca Revenue By : Sh. Kanv Bali, Sr. Dr Date Of Hearing: 08.08.2023 Date Of Pronouncement: 19.10.2023 Order Per Bench:

reassessment proceedings initiated by the learned AO without valid approval of the prescribed authority under the Act is bad in law and liable to be quashed. 10.(i) On the facts and circumstances of the case, the learned CIT(A) has erred both on facts and in law in confirming the addition of Rs.67,64,541/- made