2025 (9) TMI 1186

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....r For the Assessee : Shri. Nikhil Tiwari/Shri Pranay Gandhi For the Revenue : Shri Vivek Perampurna CIT-DR ORDER PER RENU JAUHRI [A.M]: This appeal is filed by the Revenue against the order of the National Faceless Appeal Centre (NFAC), Delhi (hereinafter referred to as "CIT(A)"] dated 16.04.2025 passed u/s. 250 of the Income-tax Act, 1961 [hereinafter referred to as "Act"] for Asse....

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....CIT(A) passed in line with the order of the Co-ordinate Bench of Hon'ble Jurisdictional Tribunal quashing the proceedings under section 263 of the Act. Appeal is barred by limitation: 2. Erred in filing the captioned appeal on 2 July 2025 which is beyond the time allowed to file an appeal in terms of section 253(3) of the Act. Issues in appeal are settled and accepte....

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....ution of India, 1950 and therefore, the proceedings under section 143(3) read with section 263 of the Act are bad in law and liable to be quashed: The Respondent craves to consider each of the above grounds of cross-objection without prejudice to each other and craves leave to add, alter, delete or modify all or any of the above grounds of cross-objection." 3. At the outset, it is noti....

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....d 25.06.2018, Ld. PCIT held that the assessee had wrongly claimed deduction u/s. 80IC in respect of consumer division in the 6th year of operation @100% as against the admissible claim @ 30% of the eligible profit in violation of the provisions of Section 80IC of the Act. Aggrieved with the order of the Ld. PCIT, the assessee preferred an appeal before the Tribunal and vide order dated 17.07.2019,....