2026 (2) TMI 256

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.... is directed against the order of Learned Commissioner of Income Tax (Appeals)/NFAC, Delhi ["CIT(A)"], dated 17.06.2025 passed under section 250 of the Income Tax Act, 1961 ("Act") which is arising out of order u/s. 143(3) of the Act, dated 27.12.2019 for the Assessment Year (AY) 2017-18. 2. When the case called for, none appeared on behalf of the assessee. On the previous two dates of hearing ....

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....furnished on 31.10.2017. The return selected for complete scrutiny under CASS for the reason that "low income from TCS receipts-scrap" and is duly assessed under VAT Act and quarterly sales figures have been declared therein. Books of accounts are regularly maintained and that the sales are made out of stock available with the assessee. From the assessment order, I observe that Ld. Assessing Offic....