Pr. Commissioner Of Income Tax (Central)- 3 vs Agson Global Private Limited

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

2022 Supreme(Del) 253

RAJIV SHAKDHER, TALWANT SINGH
Pr. Commissioner Of Income Tax (Central)- 3 – Appellant
Versus
Agson Global Private Limited – Respondent

Advocates Appeared:
Mr Ajit Sharma, Sr. Standing Counsel, for the Appellant; Mr Mukul Rohatgi and Mr Sandeep Sethi, Senior Advocates. with Mr Mahesh Agarwal, Mr Rishi Agrawala, Mr Karan Luthra, Mr Sameer Rohatgi & Mr Ankit Banati, Advocates, for the Respondent.

Table of Content
1. introduction of the appeals. (Para 1)
2. identification of key issues in appeals. (Para 2)
3. factual background of assessment years. (Para 3)
4. details on search and seizure operations. (Para 4)
5. procedural observations by the tribunal. (Para 5)
6. submissions heard from both parties. (Para 6 , 7)
7. summarized parties’ arguments. (Para 8 , 9)
8. court's analysis on assessed material. (Para 10)
9. assessment of incriminating material. (Para 11)
10. discussion on position of evidence. (Para 12 , 13 , 14)
11. court's view on disallowed amounts. (Para 15)
12. analysis of cash deposits post-demonetization. (Para 16)
13. conclusive observations by the tribunal. (Para 17)
14. final conclusions drawn by the court. (Para 18 , 19)
15. final orders and implications. (Para 20 , 21)

ORDER

1. These appeals, which are six in number, are preferred under Section 260A of the INCOME TAX ACT , 1961 [hereafter referred to as "the Act"] and are directed against a common order dated 31.10.2019, passed by the Income Tax Appellate Tribunal [in short "the Tribunal"].

1.1 The Tribunal, via the im

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2022 Supreme(Del) 253

RAJIV SHAKDHER, TALWANT SINGHPr. Commissioner Of Income Tax (Central)- 3 – AppellantVersusAgson Global Private Limited – Respondent

Cases Referred (6)

RAJIV SHAKDHER, TALWANT SINGH
Pr. Commissioner Of Income Tax (Central)- 3 – Appellant
Versus
Agson Global Private Limited – Respondent