2026 (2) TMI 872

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.... PER PARTHA SARATHI CHAUDHURY, JM The present appeal preferred by the assessee emanates from the order of the Ld.CIT(Appeals)/NFAC, dated 10.11.2025 for the assessment year 2013-14 as per the grounds of appeal on record. 2. At the very outset, the Ld. Counsel for the assessee submitted that this is a case where the A.O added an amount of Rs. 11,45,000/- during the original assessment and co....

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....d leave encashment. At the same time, the assessee is having diagnosed with cancer and suffering this decease. The penalty u/s. 271(1)(c) of the Act was initiated, but after rectifying u/s. 154, this penalty does not attract. In response to the notice u/s. 148 of the IT Act, 1961 the assessee filed return of his income on 24-04-2018 vide Ack. No.612516340240418 showing total taxable salar....

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....nsequent order, dated 28.03.2022, the A.O had added the entire same amount of Rs. 11,45,000/- in the hands of the assessee. 5. That during the First Appellate Proceedings, the Ld. CIT(Appeals)/NFAC had given relief of 50% of the said addition. 6. I am of the considered view that in the original assessment when the amount was added as unexplained money u/s. 69A of the Act in the hands of the ....