Registered Property Deeds Alone Not Incriminating for Tax Reassessment: ITAT Jaipur

DCIT Vs Smt. Kamla Prabha (ITAT Jaipur)

The ITAT Jaipur ruled that merely possessing registered property deeds cannot be treated as incriminating material under Sections 153A/153C of the Income Tax Act. Reassessment requires evidence of previously undisclosed income or assets, and disclosed transactions cannot be reopened based solely on documents.

In DCIT vs Smt. Kamla Prabha (ITAT Jaipur), the Revenue challenged the CIT(A)’s deletion of additions made by the AO in relation to capital gains arising from sale of land,

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