2025 (9) TMI 80

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....shu Joshi, Sr. DR. ORDER PER NARENDRA KUMAR BILLAIYA, AM: This appeal by the assessee is preferred against the order dated 22/08/2024 by the Commissioner of Income Tax (Appeals), Addl. / JCIT (A), Faridabad [hereinafter 'the ld. CIT(A)'], pertaining to AY 2022- 23. 2. The assessee has raised the following grounds of appeal:- "1. On the facts and circumstances of the case and l....

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....law and without prejudice to ground no 1 and 2, the Ld. CIT(A) erred in not allowing the expenses of Rs. 4,06,07,733 against the receipt when the exemption of section 10(23C) of Income Tax Act, 1961 was not granted. 5. On the facts and circumstances of the case and in law, the Ld. CIT(A) erred in confirming charging of Interest under section 234B and 234C of Income Tax Act, 1961." 3. B....

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.... 4. Representatives of both the sides were heard at length. Case records carefully perused and the relevant documentary evidences brought on record duly considered in the light of Rule 18(6) of the ITAT Rules. 5. For the year under consideration, the due date was extended to 07.11.2022 and the due date for filing Form 10BB was 07.10.2022. The assessee had obtained Form 10BB on 29.09.2022 and t....