ASHISHKUMAR BHAGVANJIBHAI KANSAGRA,RAJKOT vs. ACIT CIR - 2(1), RKT, RAJKOT
In the result, the appeal of the assessee is allowed for statistical purposes
ITA 409/RJT/2025[2016-17]Status: DisposedITAT Rajkot23 Sept 2025AY 2016-17
Bench: Dr. Arjun Lal Sainiआयकरअपीलसं./Ita No.409/Rjt/2025 िनधा"रणवष" / Assessment Year: (2016-17) (Hybrid Hearing) Ashishkumar Bhagvanjibhai Vs. Acit Kansagara, Circle – 2(1), C-507, Imperial Heights, Rajkot - 360001 150 Feet Ring Road, Rajkot - 360005 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Acspk6893P (Appellant) (Respondent)
For Appellant: Ms. Alpa V. Makadiya, Ld. ARFor Respondent: Shri Abhimanyu Singh Yadav, Ld. Sr. DR
Section 143(3)Section 250Section 68
section 68 once the primary three conditions-identity, credit worthiness, and genuineness-are satisfied.
[CIT v. P. Mohanakala (2007) 291 ITR 278 (SC); PCIT v. Veedhata Tower Pvt. Ltd.
(2020) 117 taxmann.com 451 (Bom)]
5. That the assessment and appellate proceedings are vitiated due to lack of independent verification by the AO/CIT(A), and the addition is based on mere
