SMT. IJYA SHARMA,JABALPUR V. INCOMETAX OFFICER, WARD 1(3), JABALPUR

ITA 146/JAB/2024

AI Insights

The case involves Smt Ijya Sharma, the appellant, who contested an assessment order from the Income Tax Officer, Ward-1(3), Jabalpur, which added Rs. 22,00,000 to her income as unexplained cash under section 69A of the Income Tax Act, 1961, for the assessment year 2017-18. The Commissioner of Income Tax (Appeals) partly allowed her appeal, sustaining an addition of Rs. 8,50,000. Dissatisfied with this decision, the appellant sought further relief from the Income Tax Appellate Tribunal, Jabalpur. During the tribunal hearing, both the appellant's counsel and the respondent's representative agreed to a reduction of the sustained addition to Rs. 5,00,000, leading to the tribunal's decision to partly allow the appeal.

• Counselvise Citation: [2026] 140 COUNSELVISE.COM (IT) 842079 (ITAT-JABALPUR)
• Duration Of Justice: 1 year(s) 5 month(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-02-2026
• Appeal Filed By: Assessee
• Order Result: Partly Allowed
• Bench Allotted: SMC
• Assessment Year: 2017-2018
• Appeal Filed On: 09-09-2024
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Partly Allowed
• Court: TRIBUNAL
• Department Lawyers: N. M. PRASAD
• Assessee Lawyers: DHIRAJ GHAI
• Section: 144

Judgement Text

"I.T.A. No.146/JAB/2024 Assessment Year:2017-18 1 IN THE INCOME TAX APPELLATE TRIBUNAL JABALPUR BENCH “SMC”, JABALPUR BEFORE SHRI ANADEE NATH MISSHRA, ACCOUNTANT MEMBER I.T.A. No.146/JAB/2024 Assessment year:2017-18 Smt Ijya Sharma H. No.3181/3 Near Gouri Shankar Mandir, Katra, Adhartal, S.O Subhash Nagar, Jabalpur-482004. PAN:AETPK6715K Vs. Income Tax Officer Ward-1(3) Jabalpur, MP-482001. (Appellant) (Respondent) O R D E R (A) This appeal vide I.T.A. No.146/JBP/2024 has been filed by the assessee for assessment year 2017-18 against impugned appellate order dated 04.09.2024 (DIN & Order No.ITBA/NFAC/S/250/2024- 25/1068339313(1) of Commissioner of Income Tax (Appeals) [“CIT(A)” for short]. (B) In this case, assessment order dated 26.11.2019 was passed by the Assessing Officer (“AO”, for short) u/s 144 of the Income Tax Act, 1961 (“Act”, for short) whereby the assessee’s total income determined at Rs.23,17,280/-. In the assessment order, an addition of Rs.22,00,000/- on account of unexplained cash u/s 69A of I.T. Act. Being aggrieved, the assessee filed appeal in the office of learned CIT(A). Vide impugned appellate order dated 04.09.2024, the assessee’s appeal was partly allowed by the learned CIT(A). Appellant by Shri Dhiraj Ghai, C.A. Respondent by Shri N. M. Prasad, Sr. DR-1 Printed from counselvise.com I.T.A. No.146/JAB/2024 Assessment Year:2017-18 2 (C) At the time of hearing, the learned Counsel for the assessee submitted that the learned CIT(A) has sustained an addition of Rs. 8,50,000/-. The learned Counsel for the assessee submitted that the addition may be restricted to Rs. 5,00,000/- and the balance amount of Rs. 3,50,000/- should be deleted. The learned Departmental Representative expressed no objection to this. In view of the foregoing, and as representatives of both sides are in agreement on this, the Assessing Officer is directed to restrict the addition to Rs. 5,00,000/- and delete the remaining addition of Rs. 3,50,000/- which was confirmed by Ld. CIT(A). All the grounds of appeal are treated as disposed of in accordance with the aforesaid directions. (D) In the result, the appeal of the assessee is partly allowed for statistical purposes. (Order pronounced in the open court on 27/02/2026) Sd/. (ANADEE NATH MISSHRA) Accountant Member Dated: 27/02/2026 Vijay Pal Singh, (Sr. PS) Copy of the order forwarded to : 1. The Appellant 2. The Respondent. 3. Concerned CIT 4. D.R., I.T.A.T., Jabalpur Printed from counselvise.com "