2025 (4) TMI 2201

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....012-13, arises against the CIT(A)/NFAC, Delhi's DIN & Order No. ITBA/NFAC/S/250-2024-25/1070209490(1) dated 08.11.2024, in proceedings u/s 143(3)/147 of the Income Tax Act, 1961 (in short "the Act"). 2. Heard both the parties. Case file perused. 3. Learned counsel submits at the outset that he neither wishes to press assessee's legal ground on "DIN" issue nor validity of reopening, hence, th....

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....sent cash component of the above sale consideration only in light of Smt. Malini Ramnath Rele vs. ITO (1994) 49 ITD 43(MUM) (TM). The fact also remains that the assessee has not satisfactorily explained the source of his impugned cash deposits by reconciling all the relevant figures. It is thus deemed appropriate in the larger interest to restrict the impugned addition to Rs. 1,50,000/- only with ....