2025 (8) TMI 431

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....he Revenue : Ms Nazeera Mohammad ['Ld. DR'] ORDER PER G. D. PADMAHSHALI, AM; The DIN & Order No. ITBA/NFAC/S/250/2023-24/1058190019(1) dt. 23/11/2023 passed u/s 250 of the Income-tax Act, 1961 [for short 'the Act'] by the National Faceless Appeal Centre, Delhi [for short 'Ld. NFAC'] which ascended out of order of assessment passed u/s 143(3) of the Act for assessment year 2013-14 [for sho....

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....as completed vide order dt. 17/03/2016 wherein the total income of the assessee was assessed at Rs. 92,92,821/- owning to three separate addition viz; (1) 40A(3) disallowance of cash payment of Rs. 42,82,901/- made M/s Anup Cements (2) disallowance of bogus expenditure of Rs. 4,26,550/- paid to M/s Bharati Cements and (3) 40A(3) disallowance of cash payment of Rs.  32,000/- made to M/s Nirani....

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....did fail to showcase (a) carrying out necessary enquiries and (b) provide independent findings (c) reasoning in confirming the additions and dismissing the grounds of the assessee. 6. In absence of cogent evidential material, submission and non-compliance by the appellant, in the evince of restriction placed by 251(1)(a) of the Act, the Ld. NFAC but natural had to culminate the proceedings with....