2026 (8) TMI 693

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Deepesh Garg, Adv. For the Revenue : Shri Amar Pal Singh, JCIT DR ORDER PER MANISH AGARWAL, AM : The present appeal is filed by the assessee against the order dated 19.12.2025 by Ld. Commissioner of Income Tax (A), National Faceless Appeal Centre ("NFAC"), Delhi ["Ld.CIT(A)"] in Appeal No. NFAC/2021-22/10339183 passed u/s 250 of the Income Tax Act, 1961 ["the Act"] arising from the ass....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....y of financial statement with complete noting and schedules, details of unsecured loan, details of creditors and their supporting evidences, party & quantity wise purchase details etc. In response to the above, assessee has made compliance and submitted copy of financial statement, computation of income, ledger account of purchase, sample purchase invoices, ledger of creditors, ledger of unsecured....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ppeal of the assessee. 4. Aggrieved by the order of ld. CIT(A), assessee is in appeal before the Tribunal by taking various Grounds of appeal mentioned in the appeal memo. 5. In Ground of appeal No.2, assessee has challenged both the learned lower authorities' action of making addition of INR 6,46,44,460/- alleged as bogus u/s 69C of the Act. 6. Heard the contentions of both the parties a....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....axmann.com 592 (Guj.); [ii] PCIT Vs. Hitesh Mody (HUF) (2024) 160 taxmann.com 110 (Bom); [iii] PCIT Vs. Forum Sales (P) Ltd. (2024) 160 taxmann.com 93 (Del); [iv] PCIT Vs. Kanak Impex (India) Ltd (2025) 172 taxmann.com 283 (Bom); [v] DCIT Vs. Kohinoor Foods Ltd. (2025) 178 taxmann.com 424 (Del. - Trib.); and [vi] (2025) 177 taxmann.com 836 (Delhi-trib.)....