2025 (3) TMI 2300

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....nue : Shri. Bhangepatil Pushkaraj Ramesh, Sr. DR ORDER PER VIKRAM SINGH YADAV (A.M): The present appeal has been preferred against the impugned order dated 29.02.2024 passed in Appeal no. CIT(A), 14, Mumbai/10181/2019-20 by the Ld. Commissioner of Income-tax(Appeals)/ National Faceless Appeal Centre (NFAC) [hereinafter referred to as the "CIT(A)"] u/s. 250 of the Income-Tax Act, 1961 [her....

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.... statement of Shri Ramesh Soni given before Investigation Wing, Mumbai without providing copy of the said statement and opportunity for cross examination. 4. On the facts and circumstances of the case and in law, the Ld.CIT(A) has erred in confirming the action of Ld AO in making an addition of Rs. 54,45,875/- (being 18% of disputed purchases of Rs. 3,02,54,863/-) on account of suspicious....

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....xisting grounds of appeal on or before the date of hearing." 2. At the outset, it is noted that there is a delay in filing the appeal by the assessee by 98 days as pointed out by the registry. After hearing both the parties and considering the material available on records including the affidavit placed by the assessee, the contents of which has not been rebated by the Revenue, we find that the....

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....ition so made by the AO. Against the said order, the assessee is in appeal before us. 5. During the course of hearing, the Ld. AR submitted that though the notices were issued, the assessee had sought time initially and in response to notice dated 28.02.2024, the assessee was in the process of preparing the necessary submissions and in the process of responding to the notice, however before the....