2026 (4) TMI 1534

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.... This assessee's appeal for assessment year 2020-21, arises against the Commissioner of Income Tax (Appeals)/National Faceless Appeal Centre [in short, the "CIT(A)/NFAC"], Delhi's order dated 29.10.2025, passed in Case No. NFAC/2019-20/10445154, involving proceedings under section147 r.w.s. 144B of the Income-tax Act, 1961; hereinafter referred to as 'the Act'. 2. Case called twice. None app....

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....ld as such an interest income is noting but liable to be assessed under the lase head of "other" sources only u/s 56 of the Act. 5. I have given my thoughtful consideration to the assessee's and the revenue's respective pleadings. I find no merit in the Revenue's vehement contentions supporting the impugned addition. It is made clear first of all that the assessee had admittedly booked plot No.....