2026 (2) TMI 626

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.... for AY 2017-18, arises out of the order of the ld National Faceless Appeal Centre (NFAC), Delhi [hereinafter referred to as 'ld. CIT(A)', in short] dated 05.06.2025 against the order of assessment passed u/s 147 r.w.s. 144 of the Income-tax Act, 1961 (hereinafter referred to as 'the Act') dated 22.05.2023 by the Assessing Officer, Assessment Unit, Income Tax Department (hereinafter referred to as....

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....2017 declaring total income of Rs. 1,88,290/-. The case of the assessee was sought to be reopened vide issuance of notice under section 148 of the Act on 31.03.2021. Pursuant to the decision of the Hon'ble Supreme Court in the case of Ashish Agarwal, show-cause notice was issued u/s 148A(b) of the Act furnishing the reasons recorded for reopening and an order under section 148A(d) of the Act was p....

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...., against the salary due Rs. 20000 was paid in cash to Mr Vivek Bhatnagar and rest paid through cheques. The assessee enclosed the ledger account of Ruchi Bhatnagar's salary account and Vivek Bhatnagar's salary account. The Learned AO ignored the contentions and made disallowance under section 40A(3) of the Act on the ground that assessee had made cash payment in excess of Rs 20,000 and co....