2026 (8) TMI 1254

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....dipan Khan, Sr. DR ORDER PER PRADIP KUMAR CHOUBEY, JUDICIAL MEMBER: This appeal filed by the assessee is directed against the order dated 13.01.2026 of the National Faceless Appeal Centre, Delhi (hereinafter referred to as the "ld. CIT(A)") passed u/s 250 of the Income-tax Act, 1961 (hereinafter referred to as "the Act") for the assessment year (A.Y.) 2017-18. 2. The brief facts of the....

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.... adequate opportunity of being heard to the assessee and after considering and examining the facts and materials available on record, assessment was completed u/s 147 r.w.s 144 r.w.s. 144B of the Act on 30.03.2022, determining assessed income to be Rs. 45,41,730/- as against the total income of Rs. 4,91,730/- declared in the ITR. Penalty proceeding u/s 270A of the Act for under-reporting of income....

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....ssessment, the assessment order has been passed by the AO and stands of the assessee has been accepted with no modification. The ld. AR placed the order of the ld. CIT(A) passed on 24.12.2024 and consequent to the said order, assessment order has been passed vide order dated 27.02.2026. 4. On the other hand, the learned Senior Departmental Representative (ld. Sr. DR) did not raise any objection....