2026 (3) TMI 1712

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....e Anand, Sr. DR. ORDER PER VIKAS AWASTHY, JM: This appeal by the assessee is directed against the order of Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi [in short 'the CIT(A)'] dated 10.10.2025, for Assessment Year 2020-21. 2. The assessee in appeal has inter alia raised legal grounds assailing reopening of assessment. 3. The facts of case in brief as ....

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....ade addition of the said amount u/s. 69 of the Act. Aggrieved by the assessment order dated 22.03.2025, the assessee carried the issue in appeal before the CIT(A), but remained unsuccessful. Hence, the present appeal. 4. Dr. Kapil Goel, appearing on behalf of the assessee submits that the addition has been made in the hands of the assessee on the basis of documents collected behind the assessee....

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....rities below examined. A perusal of assessment order reveals that purportedly husband of the assessee had purchased a shop from Omaxe Group during the year 2010-11 in Omaxe Connaught Place Beta II, Greater Noida, UP. The same was assigned to the assessee by her husband in the year 2010-11 itself. During FY 2019-20, the said property was exchanged with the Unit No. OCPK/First/78 Omaxe Connaugh....