2025 (6) TMI 1469

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....H BORAD, AM: This appeal filed at the instance of assessee is directed against the order of Ld. CIT(A), Pune-11 ['Ld. CIT(A)'] dated 27.09.2024 which is arising out of the assessment order for Assessment Year 2017-18 framed on 24.03.2022 by the ITO, NFAC, Delhi. 2. At the outset, Ld. Counsel for the assessee referring to ground no.1(a) stated that the assessment order framed for A.Y. 2017-18....

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....g the demonetization period. Notice u/s 148 of the Act was issued on 30.03.2021 and in reply the assessee furnished the return on 30.06.2021 declaring same income of Rs. 24,29,600/-. Thereafter, the case assigned to the Faceless Unit on 11.11.2021 for disposal of assessment followed by validly serving notices u/s 143(2) and 142(1) of the Act. During the course of assessment proceedings, the assess....

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....ns, on the assessee. Accordingly rule is made absolute". Examining the facts of the instant case in the light of above judgement of the Hon'ble Jurisdictional High Court in the case of Asian Paint Ld. (supra), we notice that the Ld. FAO disposed of the objection vide notice dated 16.03.2022 but he has concluded assessment proceedings on 24.03.2022 i.e. within a period less than four weeks. Therefo....