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Joint Ownership Below ₹50 Lakh Bars Reopening After Three Years
Case Law Details
- Case Name
- Manoj Kumar Gupta Vs ACIT (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2016-17
- Courts
- All ITAT, ITAT Delhi
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Manoj Kumar Gupta Vs ACIT (ITAT Delhi)
Co-owner’s Share Matters- Joint Ownership Below ₹50 Lakh Bars Reopening Beyond 3 Years: Delhi ITAT Quashes 147 Notice
NRI’s Flat Bought via NRE Funds & Housing Loan—No Escapement, No 69 Addition
Delhi ITAT ‘D’ Bench in Manoj Kumar Gupta vs ACIT, Circle–International Taxation-1(3)(1), Delhi (ITA No.2759/Del/2025, AY 2016-17, order dated 24-12-2025) quashed the reassessment u/s 147 and deleted addition u/s 69, holding that where the assessee’s share in a jointly owned property is below ₹50 lakh, reopening beyond three ...






