AdvertisementShiv Kumar Gupta HUF Vs DCIT/ACIT (ITAT Lucknow) The appeals were filed by Shiv Kumar Gupta HUF and Paras Gupta against the respective appellate orders of the Commissioner of Income Tax (Appeals), involving similar issues. IT(SS)A No. 985/Lkw/2025 for AY 2017-18 in the case of Shiv Kumar Gupta HUF was treated as the lead case, with the parties agreeing that the decision would apply mutatis mutandis to the remaining appeals. The assessment order dated 25.03.2023 was passed under Section 153C of the Income Tax Act, 1961, determining the assessee’s total income at Rs. Additions of Rs...