2025 (7) TMI 1857

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.... AM: This is an appeal preferred by the assessee against the order of the National Faceless Appeal Centre, Delhi (hereinafter referred to as the "Ld. CIT(A)"] dated 21.01.2025 for the AY 2016-17. 02. The only issue raised by the assessee is against the order of ld. CIT (A) upholding the assessment order framed u/s 143(3) dated 24.12.2018, wherein disallowance u/s 14A was made to the tune of ....

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....me to the income, which was affirmed by the ld. CIT (A). 04. Now, after perusing the order of the ld. AO, we find that the ld. AO has not recorded any satisfaction as to how the calculation furnished by the assessee is wrong necessitating the calculation of disallowance u/s 14A read with Rule 8D of the Rules. Therefore, in absence of any satisfaction the provisions of section 14A can not be inv....