2025 (5) TMI 1314

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.... : Shri Niraj Shah, A.R. For The Respondent : Shri Ravindra, Sr. DR ORDER PER SIDDHARTHA NAUTIYAL - JUDICIAL MEMBER: This appeal has been filed by the Assessee against the order passed by the Ld. Commissioner of Income Tax (Appeals), (in short "Ld. CIT(A)"), National Faceless Appeal Centre (in short "NFAC"), Delhi confirming levy of penalty under Section 271(1)(c) of the Act vide order....

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....the capacity of the alleged loan creditors. The Counsel for the assessee submitted that the assessee had filed appeal before Ld. CIT(A) on 29.04.2021 against the assessment order dated 22.12.2018 passed by the Assessing Officer under Section 143(3) of the Act. However, till date Ld. CIT(A) has not yet passed the order in the appeal challenging the additions made in quantum proceedings before him. ....