2025 (6) TMI 1203

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....bhan, CA For the Respondent : Shri M.P. Guru Prasad, Addl. CIT ORDER PER S.S. VISWANETHRA RAVI, JUDICIAL MEMBER: This appeal filed by the assessee is directed against the order dated 31.10.2023 passed by the ld. Commissioner of Income Tax (Appeals), National Faceless Appeal Centre [NFAC], Delhi for the assessment year 2017-18. 2. We find that this appeal is filed with a delay of 424....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Income Tax Act, 1961 ["Act" in short] was issued and also issued notice to the bank seeking explanation. The Assessing Officer issued show-cause notice to the assessee seeking details of credits in bank account as per the details supplied by the banks and there was no explanation to that effect by the assessee. Since there is no explanation from the assessee, the Assessing Officer added the entire....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....r the only reason that there is serious and prolonged disputes between the partners and the business of the assessee was completely shut down since past few years. Due to cessation of business and ongoing disputes between the partners, the firm's financial and administrative affairs were severely affected. The ld. AR submits that now the assessee's one of the partners Shri Sudallaimani is ready to....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....n is under section 69A of the Act on account of unexplained investments. As there is no assistance from the assessee, taking into account the undertaking given by the ld. AR that the assessee is ready to file every evidence and in the interest of justice, we remand the matter to the file of the Assessing Officer subject to the condition of payment of Rs..5,000/- in favour of the State Legal Aid Au....