The appeal by Ishwar Singh for the assessment year 2011-12 challenges the decisions made by the Income Tax Officer, Ward-1, Rewari. The case addresses jurisdictional issues and the merits of additions made to the assessee’s income.
Ishwar Singh, represented by Kapil Goel, Advocate, contested the income tax assessment for the year 2011-12. The core of the dispute revolves around the reassessment notice under section 148 of the Income Tax Act, which the appellant contends was issued without proper jurisdictional basis and against the principles of natural justice.
During the proceedings, the Income Tax Appellate Tribunal (ITAT) addressed multiple jurisdictional grounds challenging the validity of the reassessment procedure and the merits concerning the addition of Rs. 48,88,778, alleged to be unexplained cash deposits from the sale of agricultural land. Despite extensive deliberations, the Tribunal found no substantial evidence provided by the assessee to counter the claims made by the assessing officer.
The Tribunal upheld the lower authorities’ decisions, emphasizing the lack of compliance and representation from the assessee’s side despite numerous opportunities provided. The decision reaffirms the importance of substantiating claims with credible evidence in tax proceedings.
The outcome of ITA 1084/DEL/2020 underscores the critical nature of procedural compliance and the need for taxpayers to adequately support their cases with tangible evidence, especially when contesting the legality of reassessment notices and the consequent tax liabilities.
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