2026 (8) TMI 1029

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....he Respondent : Miss Jaya Lakhwani, Sr DR (through virtual) ORDER ITA No.406/NAG/2026 at the instance of assessee pertaining to A.Y. 2024-25 is directed against the order dated 24.02.2026 framed by National Faceless Appeal Centre, Delhi (NFAC) arising out of Assessment Order dated 24.06.2025 passed u/s. 143(3) of the Income Tax Act, 1961 (in short 'the Act'). ITA No.414/NAG/2026 at the insta....

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....assessee. Taking into note of the decision of the Mumbai Bench of the Tribunal in the case of Pushpa Prakash Misar vs. ITO vide ITA No.741/MUM/2026 order dated 23.03.2026 for assessment year 2024-25 where also it has been held that on a plain reading of statutory provisions, there exists no express bar either in section 87A or section 111A for denial of rebate u/s 87A of the Act in respect of tax ....