2025 (4) TMI 793

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....Ranbir Kaur (Addl. CIT) - Ld. Sr. DR ORDER MANOJ KUMAR AGGARWAL (ACCOUNTANT MEMBER) 1. Aforesaid appeal by assessee for Assessment Year (AY) 2018-19 arises out of an order of learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi [CIT(A)] dated 09-12-2022 in the matter of an assessment framed by Ld. Assessing Officer [AO] u/s. 143(3) of the Act on 21-0....

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....come. The additional income was offered to make up for excess cash, construction expenditure and gifts as stated to be made by the assessee. However, Ld. AO rejected the same and assessed additional income u/s 69A which would be taxable at higher rates as specified u/s 115BBE. The Ld. CIT(A) confirmed the same against which the assessee is in further appeal before us. 3. From the computation of....