2025 (4) TMI 1902

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....NCH : The captioned appeal by the assessee is against the order of the Ld. Commissioner of Income Tax (Appeal), Patna-3 [hereinafter referred to as "the Ld. CIT(A)"] vide order no. ITBA/APL/S/250/2022-23/1045027357(1) dated 30.08.2022 passed u/s 250 of the Income Tax Act, 1961 (hereinafter referred to as "the Act") for AY 2005-06. 2. None represented on behalf of the assessee and Shri Ashwan....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....that the unexplained investment could be treated as being sourced from this fund and consequently, the benefit of telescoping may be granted to the assessee. 4. We have heard the rival contentions and have perused the material available in the paper book. A perusal of the order of the Tribunal in the assessee's case in ITA No. 40/Pat/2011 dated 03.07.2014 clearly shows that the existence of the....