2025 (9) TMI 1303

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.... ORDER PER OM PRAKASH KANT, AM This appeal by the assessee is directed against order dated 06.11.2024 passed by the Ld. Commissioner of Income-tax (Appeals) [in short 'the Ld. CIT(A)'] for assessment year 2017-18, raising following grounds: 1. On the facts and circumstances of the case and in law, the order passed by the Ld. Commissioner of Income-tax, Appeal Addl/JCIT (A) is bad in law. ....

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....the Act amounting to Rs. 18,52,375/-. The return of income filed by the assessee was selected for scrutiny and statutory notices under the Act were issued and served upon the assessee. The assessee was specifically asked to justify deduction claimed u/s 80P(2)(d) of the Act. Despite providing more than three opportunities from August, 2018 to November, 2019, there was no compliance on the part of ....

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....sions of the parties and perused the relevant material on record. Before us, the Ld. counsel for the assessee relied on the decision of the Co-ordinate Bench of the Tribunal in the assessee's own case for assessment year 2015-16 wherein the Tribunal decided the issue of revision order u/s 263 passed by the PCIT and observed that assessee was entitled for deduction u/s 80P(2)(d) of the Act from the....

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.... income earned by the assessee is declared as 'business income' or 'income from other sources'. The said information was not readily available with the Ld. counsel for the assessee and expressed inability in submitting. In view of the above facts and circumstances and in the interest of substantial justice, we feel it appropriate to restore this issue back to the file of the Assessing Officer for ....