2025 (7) TMI 1223

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....in law and on facts by passing the order dated 31.07.2024 under Section 250 of the Income Tax Act, without properly considering the facts of the Appellant / Assessee's case, in relation to the order dated 25.10.2022 under Section 154 of the Act passed by the Assistant Commissioner of Income Tax, resulting in an unjust dismissal of the appellant's contentions. 2. The Ld. NFAC/CIT(A) improperly upheld the decision of the AO at the Central Processing Centre to disallow the employee contribution of Rs. 8,87,438/- under Section 154 of the Income Tax Act, with reference to Sections 2(24)(x) and 36(1)(va) concerning PF/ ESI, despite the Appellant / Assessee having deposited the amount within the due date, resulting in an illegal and arbi....

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.... before us, the ld. Counsel for the Assessee has submitted an application for condonation of delay along with an Affidavit, which is reproduced as under :- 4. We have considered the reasoning given in the affidavit and we are inclined to condone the delay. 5. The ld. DR did not have any objection for this condonation of delay. 6. Brief facts of the case, as per the written submissions of the Counsel of the Assessee, are as under: - The Appellant, being an individual, was engaged in the business of security agency, filed its income tax return for AY 2020-21 on 07.11.2020, declaring an income of Rs. 16,75,950/ -. Upon processing under section 143(1) of the Income Tax Act, 1961, an intimation dated 22.12.2021 was issued, which was later r....