2025 (8) TMI 1577

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.... SATBEER SINGH GODARA, JM: This assessee's appeal for assessment year 2014-15 arises against Commissioner of Income Tax (Appeals)-5, Ludhiana's order dated 30.08.2024, in case no. 10168/CIT(A) Delhi-23/Ldh/2016-17, in proceedings u/s 143(3) of the Income-tax Act, 1961, hereinafter referred to as the 'Act'. Case called twice. None appears at the assessee's behest. It had not put in appearance....

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....as sustained by the CIT(A). 3. That the finding of the CIT(A) that the calculation regarding valuation of share as made by the Assessing Officer, while framing the assessment is as per law, is contrary to the finding of the CIT(A) that the Assessing Officer should have made the valuation of shares as per the Balance Sheet as on 31.03.2013 and not as per the balance Sheet as on 31.03.2014 ....