2026 (3) TMI 1769

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....i Amit Jain, CIT (DR) ORDER PER RENU JAUHRI : The above captioned appeal is preferred by the assessee against the order dated 19.09.2025, passed by Ld. CIT(A)/NFAC, Delhi u/s 250 of the Income Tax Act, 1961 (hereinafter referred to as, "Act") for A.Y. 2020-21. The assessment was framed by the Assessing Officer [for short, 'AO'] u/s 147 r.w.s. 144 r.w.s. 144B of the Act vide order dated 13....

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....hich could be re-assessed by the Assessing Officer u/s 147 of the Income Tax Act, 1961 v) On the facts and in the circumstances of the case and in law, the learned CIT (A) erred in confirming the addition of Rs. 9,91,772/- (Rupees Nine Lac Ninety One Thousand Seven Hundred Seventy Two Only) made by the Assessing Officer wrongly assuming the compensation amount as interest amount and wrong....

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.... of Rs. 9,91,772/- on account of interest income. Aggrieved, the assessee preferred an appeal before the Ld. CIT(A). Vide order dated 19.09.2025, the appeal was dismissed by Ld. CIT(A). Further aggrieved, the assessee has filed an appeal before the Tribunal. 4. Before us, Ld. AR has first taken up the legal ground raised vide Ground No. (i) to (iii) whereby it is alleged that no valid sanction ....