2025 (9) TMI 1556

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....ANISH BORAD, ACCOUNTANT MEMBER : The captioned appeal pertaining to Assessment Year 2022-23 at the instance of Revenue is directed against the order dated 24.02.2024 passed by Addl/JCIT(A)-3, Chennai u/s.250 of the Income-tax Act, 1961 (in short 'the Act') which in turn is arising out of Intimation Order dated 04.04.2023 passed u/s.143(1) of the Act. 2. Succinctly, the facts of the case are ....

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....mpugned order passed by ld.Addl/JCIT(A). 4. When the appeal was called for, none appeared on behalf of the assessee despite due service of notice. We therefore proceed to dispose of the appeal with the able assistance from ld. Departmental Representative exparte qua the assessee. 5. We have heard the ld. Departmental Representative and perused the record placed before us. The solitary issue ....

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....o the non-filing of the required audit report in Form 10B within the prescribed due date as per section 139(1). 3.2 Upon reviewing the records, it is evident that the appellant did, in fact, submit Form 10B on 7.11.2022 within the extended due date of section 139(1) of the Income Tax Act. Upon examination of the audit report, it is noted that the reported sums include (a) Rs. 4,36,65,873/....