RAJNEESH NARULA,SIRSA, HARYANA V. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE SIRSA, SIRSA, HARYANA.

ITA 989/CHANDI/2025

AI Insights

The case revolves around an appeal by Shri Rajneesh Narula against the order of the Commissioner of Income Tax (Appeals) NFAC, Delhi, which confirmed the addition of Rs. 36,05,000 to the assessee's income for the assessment year 2017-18. The amount was treated as income from unexplained sources by the Assessing Officer (AO). The assessee argued that the amount represented gifts from close relatives, which were substantiated by affidavits and reflected in the donors' audited accounts. The Tribunal, after considering the evidence and the arguments presented, ruled in favor of the assessee, allowing the appeal and deleting the addition.

• Counselvise Citation: [2025] 140 COUNSELVISE.COM (IT) 783578 (ITAT-CHANDIGARH)
• Duration Of Justice: 3 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-11-2025
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: Not Allotted
• Assessment Year: 2017-2018
• Appeal Filed On: 05-08-2025
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: RANJIT KAUR
• Assessee Lawyers: B.M. MONGA
• Keywords: Gift

Judgement Text

"आयकर अपीलȣय अͬधकरण,चÖडीगढ़ Ûयायपीठ “एकल” चÖडीगढ़ IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BENCH “SMC” CHANDIGARH Įी संजय गग[, ÛयाǓयक सदèय BEFORE: SH. SANJAY GARG, JUDICIAL MEMBER आयकर अपील सं./ ITA No.989/CHD/2025 Ǔनधा[रण वष[ / Assessment Year : 2017-18 Shri Rajneesh Narula, Astha Hospital, Dabwali Road, Near Shakti Motors, Sirsa. बनाम The DCIT, Circle, Sirsa. èथायी लेखा सं./PAN NO: AFCPN2078N अपीलाथȸ/Appellant Ĥ×यथȸ/Respondent Ǔनधा[ǐरती कȧ ओर से/Assessee by : Shri B.M.Monga, Advocate and Shri Rohit Kaura, Advocate राजèव कȧ ओर से/ Revenue by : Dr. Ranjit Kaur, Addl. CIT, Sr.DR सुनवाई कȧ तारȣख/Date of Hearing : 04.11.2025 उदघोषणा कȧ तारȣख/Date of Pronouncement : 06.11.2025 PHYSICAL HEARING आदेश/ORDER The present appeal has been preferred by the assessee against the order dated 10.06.2025 of the Commissioner of Income Tax (Appeals) NFAC, Delhi [in short ‘the CIT (Appeals)] pertaining to 2017-18 assessment year. Printed from counselvise.com ITA 989/CHD/2025 A.Y. 2017-18 2 2. The assessee in this appeal is aggrieved by the action of the CIT (Appeals) in confirming the addition made by the AO of Rs.36,05,000/- by the Assessing Officer ( in short ‘the AO’) treating the said amount received from the close relatives as income of the assessee from unexplained sources. 3. At the outset, the ld. counsel for the assessee has submitted that the assessee had duly furnished the relevant evidences in the shape of affidavits of his close relatives i.e. father, mother, wife, brother and father-in-law, from whom the assessee had received gifts in cash. He has further submitted that the assessee has also furnished the copies of the audited accounts and balance sheet of the donors and the aforesaid amounts of gifts were duly reflected therein. Even the AO has not doubted the credit worthiness of the donors. 4. The ld. DR could not rebut the aforesaid factual aspects of the case. 5. In view of this, since the gifts have been received from close relatives and credit worthiness of the donors has also not been doubted and further the amounts of gifts have been duly reflected in audited accounts, therefore, in my view, there is no justification on the part of the lower Printed from counselvise.com ITA 989/CHD/2025 A.Y. 2017-18 3 authorities in making/confirming the impugned addition and the same is accordingly ordered to be deleted. 6. In the result, appeal of the assessee stands allowed. Order pronounced on 06th November,2025. Sd/- ( संजय गग[) (SANJAY GARG ) ÛयाǓयक सदèय/ Judicial Member “Poonam” आदेश कȧ ĤǓतͧलͪप अĒेͪषत/ Copy of the order forwarded to : 1. अपीलाथȸ/ The Appellant 2. Ĥ×यथȸ/ The Respondent 3. आयकर आयुÈत/ CIT 4. आयकर आयुÈत (अपील)/ The CIT(A) 5. ͪवभागीय ĤǓतǓनͬध, आयकर अपीलȣय आͬधकरण, चÖडीगढ़/ DR, ITAT, CHANDIGARH 6. गाड[ फाईल/ Guard File Assistant Registrar Printed from counselvise.com "