2025 (12) TMI 496

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....nder section 153A of the Act, wherein the learned Assessing Officer made an addition of Rs. 14,73,895/- on account of expenses allegedly incurred towards furniture work by Smt. Alka Jain, treating the same as unexplained expenditure under section 69C of the Act. 2. That the learned CIT(A) has grossly erred, both in law and on facts in confirming the Assessment Order framed u/s.153A of Act on the strength of purported approval granted by the Ld. Joint Commissioner of Income Tax (Central), Raipur is void ab initio, invalid, illegal hence, deserves to be quashed and declared a nullity since, the mandatory prior approval granted is 'no approval' in the eyes of law as the same is mechanical, mere empty formality, lacks due appli....

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....17,50,000/- and the said Smt. Alka Jain had paid Rs. 17,50,000/- in cash to M/s. Jalaram Trading Company, Raipur. 6. At the time of appeal proceedings before the Ld. CIT(Appeals)/NFAC, the assessee had submitted supporting documentary evidences like copy of ITR from A.Y.2013-14 to A.Y.2020-21, computation of total income and balance sheet of his wife viz. Smt. Alka Jain to substantiate his claim and the source of cash payments and to prove the creditworthiness of Smt. Alka Jain for purchasing furniture in cash. 7. That on a careful perusal of the order of the Ld. CIT(Appeals)/NFAC, it is clearly mentioned therein that on scrutinizing the various documents placed on record, it was admitted by the Ld. CIT(Appeals)/NFAC, that the assesse....