2025 (7) TMI 1730

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....eal for assessment year 2019-20, arises against the Commissioner of Income Tax (Appeals)/National Faceless Appeal Centre [in short, the "CIT(A)/NFAC"], Delhi's DIN and order no. ITBA/NFAC/S/250/2023-24/1058834503(1), dated 18.12.2023 involving proceedings under section 143(3) of the Income-tax Act, 1961 (hereinafter referred to as 'the Act'). Heard both the parties. Case file perused. 2. The ass....

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....f filing section 139(1) return. 4. Faced with this situation, learned counsel takes us to pages 67 to 69 (para 8.3.1 to 8.4.2) in the lower appellate discussion wherein it had inter alia sought to explain the fact that the assessee had duly deposited its cheque/negotiable instruments in the bank account on 11th May, 2018 which got encashed by 16.05.2018 only; and, therefore, we ought to go by the....