2025 (6) TMI 1798

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.... : Shri Dayainder Singh Sidhu, CIT-DR ORDER PER ANUBHAV SHARMA, JM: This appeal is preferred by the assessee against the order dated 23.07.2018 of the Commissioner of Income-tax (Appeals)-IV, Kanpur (hereinafter referred to as the Ld. First Appellate Authority or 'the Ld. FAA', for short) in Appeal No.CIT(A)-IV/KNP/11106/244-DCIT-CC-NOIDA/2016- 17 arising out of the appeal before it against t....

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....ntralized and notice u/s 153C of the Act was shown to be issued on 13.07.2016 and the assessee filed return of income on 30.07.2016. subsequently, during assessment, addition on account of disallowance of exempt income claimed u/s 10(38) of the Act was made to the extent of Rs.5 lakhs and, further addition on account of unexplained unsecured loan/credit to the extent of Rs. 34,63,890/- and additio....

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.... vs. ITO in W.P(C) 1459/2004 and CM A 6031/2024 dated 09.04.2024; (iii) DCIT vs. UK Paints (Overseas) Ltd., Civil Appeal No. 6634 of 2021 dated 25.04.2023, (SC); (iv) Pavitra Realcon (P) Ltd. vs. ACIT, 87 taxmann.com 142 (ITAT Delhi); & (v) Pr. CIT vs. Abhisar Buildwell (P.) Ltd., (2023) 454 ITR 212 (SC). 4. The ld. DR has relied the orders of the ld. tax authorities below submitting that....