TaxTMI 
TaxTMI 
2025 (7) TMI 1691
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....spondent : Shri S.K.Jadhav, CIT DR ORDER PER MANISH AGARWAL, AM : The present appeal is filed by the assessee against the assessment order dated 29.07.2024 passed by AO u/s 143(3) r.w.s. 144C(13) r.w.s. 144B of the Income Tax Act, 1961 ["the Act"] giving effect to the directions of Ld.DRP in its order dated 25.06.2024 pertaining to assessment year 2020-21. 2. At the outset, during the course o....
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....ly, in the rectification order passed u/s 154 of the Act dated 30.01.2024, the total income of the assessee stood computed at INR 53,16,66,580/-. Therefore, the amount taken at INR 58,29,98,519/- as per section 143(1) deserves to be amended. He prayed accordingly. 7. On the other hand, ld.CIT DR for the Revenue submits that it is a factual aspect which may be decided according to the law. 8. Hea....
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....eave encashment. 10. Before us, Ld.AR for the assessee submits that during the year, the assessee has paid total amount of leave encashment of INR 1,43,65,258/- which has been reported in Item No.26(i)(A)(a) of the Tax Audit Report available at page 123 of the Paper Book filed by the assessee. Ld.AR further submits that out of the said amount, a sum of IRN 94,88,237/- was certified by the Tax Aud....
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....material available on record. From the perusal of the Tax Audit Report filed by the assessee and the rectification order u/s 154 dated 30.01.2024 available before us, it is seen that in the rectification order, a sum of INR 94,88,237/- is disallowed u/s 43B of the Act by the CPC however, as per Tax Audit Report, the assessee has paid a sum of INR 48,77,017/- on or before the due date of filing of ....