Wrong Person Assessed, ITAT Quashes Rental Income Addition

Neeraj Yadav Vs ITO (ITAT Delhi) Rental Income Taxed in Wrong Hands: ITAT Delhi Deletes Addition Made in Individual’s Case The Delhi ITAT (SMC), in Neeraj Yadav v. ITO (ITA No. 7826/Del/2025, AY 2020-21; order dated 24.12.2025), has allowed the Assessee’s appeal and deleted the addition of ₹11.60 lakh made on account of alleged undisclosed income from house property. The reassessment was framed u/s 147 by treating rental income from land situated at “Mandi” Chakkarpur, Gurgaon, as taxable in the hands of the Assessee in his individual capacity. The addition was confirmed by the NFAC....