2025 (5) TMI 128

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....enue : Shri Ganesh R Ghale, Standing Counsel for Department ORDER PER SOUNDARARAJAN K., JUDICIAL MEMBER This is an appeal filed by the assessee challenging the order of the NFAC, Delhi dated 24/10/2024 in respect of the A.Y. 2018-19 and raised the following grounds of appeal: "The Appellant objects to the Assessment Order on the following grounds in so far as it is prejudicial to....

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....Learned CIT (A) was not correct in not appreciating the facts that the Appellant was not required to pay advance tax as his total taxable income was less than the threshold limit of Rs. 3,00,000/-. 5. The Learned CIT (A) was not correct in not going through the Appeal Papers filed as the Appellant has clearly mentioned that he has declared total income of Rs. 2,81,100/- and paid the appli....

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....ef facts of the case are that the assessee is an individual and not filed his return of income in spite of the facts that he had purchased a motor vehicle and purchases an immovable property. Therefore notice u/s. 148 was issued and in response to the said notice, the assessee filed his return of income. Thereafter various notices were issued and the assessment has been completed u/s. 147 of the A....

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....uld apply. The Ld.AR submitted that the assessee had filed his return of income and therefore the correct provision to be applied is 249(4)(a) of the Act and not 249(4)(b) of the Act. 4. The Ld.DR relied on the orders of the authorities and prayed to dismiss the appeal. 5. We have heard the arguments of both sides and perused the materials available on record. 6. We have perused the asses....