2024 (4) TMI 599

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....d by the assessee is directed against the order passed by Pr.CIT, Gurgaon dated 30.03.2019 for the assessment year 2014-15. 2. The assessee has raised following grounds of appeal:- 1. "On the basis of facts and circumstances of the case, the order passed by the Principal Commissioner of Income Tax is bad both in the eyes of law as well as on facts. 2. The abovementioned order is against the p....

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....for hearing in the absence of the assessee and the material available on record. 4. Facts giving rise to the present appeal are that the assessee filed its return of income on 04.04.2015, declaring total loss of INR 46,72,470/-. The case was selected for scrutiny assessment through Computer Aided Scrutiny Selection ("CASS") and the assessment was framed u/s 143(3) of the Income Tax Act, 1961 ("th....

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....e case of Rajmandir Estates (P.) Ltd. vs Pr.CIT, Kolkata-III [2017] 77 taxmann.com 285 (SC). 7. We have heard Ld. CIT DR for the Revenue and perused the material available on record and gone through the orders of the authorities below. It is brought to our notice that the assessment has already been passed by the Revenue in pursuance to the direction of Ld. Pr.CIT. From the assessment order, it i....