2025 (7) TMI 948

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Shah, AR Appeared On Behalf Of The Respondent : Shri Raja Sengupta, CIT-DR ORDER PER SONJOY SARMA, JUDICIAL MEMBER: The present appeal has been preferred by the assessee against the order dated 08.11.2024 of the National Faceless Appeal Centre [hereinafter referred to as 'CIT(A)'] passed u/s 250 of the Income Tax Act (hereinafter referred to as the 'Act'). 2. Brief facts of the case....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

..... In the absence of explanation or evidence, the Assessing Officer had no option but to proceed the assessment under the best judgment provision u/s 144 of the Act. While framing the assessment order, the Assessing Officer noted that the assessee declared income from various sources which are as under: Interest from S.B A/c 1,374 Registration charges 22,91,714 Incentive 1,750 ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....assessee. 3. Aggrieved by the order of the Assessing Officer, the assessee filed an appeal before the ld. CIT(A) contending that the non-compliance was due to negligence of the previous counsel and lack of timely communication. It was also argued before the ld. CIT(A) that sufficient materials were later on submitted but the ld. CIT(A) without detailed examination of the facts and evidences con....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....r hearing rival contentions and perusing the materials available on record, we find that the assessment order was passed ex parte u/s 144 of the Act due to assessee's non-compliance to the statutory notices. We also find that even before the ld. CIT(A), the assessee failed to present its case effectively and the appeal was disposed of without proper consideration of the factual matrix and supporti....