2026 (4) TMI 1033

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....DR ORDER PER SANJAY AWASTHI, ACCOUNTANT MEMBER: 1. This appeal arises from order dated 30.12.2025 u/s 250 of the Income Tax Act, 1961 (hereafter as "the Act") by NFAC, Delhi. In this case, the assessee's case was reopened for reassessment on the basis of information received from DDIT-Investigation-1, Faridabad. Thereafter, the Ld. AO made an addition of Rs. 223,33,376/-. 1.1 Aggrieved....

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....nst the assessee following the provisions of section 292BB of the Act. It is recorded in the impugned order that the assessee never raised any objection before the Ld. AO and hence he would be debarred from raising any objection at appellate stage on that issue. 2.1 The Ld. DR relied on the findings of the Ld. CIT(A) and stated that the provisions of section 292BB of the Act would protect the L....