ORDER

PER S.R.RAGHUNATHA, AM.

This appeal by the assessee is arising out of the order dated 16.07.2025, passed by the Learned Commissioner of Income Tax (Appeal), NFAC, Delhi (in short “ld.CIT(A)”) for the assessment year (A.Y) 2018-19 against the order u/s.147 r.w.s 144 of the Income Tax Act , 1961 (hereinafter the ‘Act’) passed by the Assessment Unit, Income Tax Department dated 07.03.2024.

2. The brief facts of the case are that the assessee is an individual and had not filed his return of income for the A.Y.2016-17 as the total income of the assessee was below the taxable income chargeable to tax. Based on the information to verify the assessee sold immovable property to Mr.Sukesh Singh to the tune of Rs.1,50,00,000/-, a notice u/s.148 of the Act was issued on 24.03.2023 by the AO, Ward-1, Karaikudi, after obtaining the prior approval of the competent authority. In response, the assessee did not file his return of income against notice u/s.148 of the Act. The assessment was completed exparte by the Assessment Unit of NFAC, Delhi dated 07.03.2024 u/s.147 r.w.s 144 r.w.s 144B of the Act by making an addition of Rs.1,50,00,000/- as unexplained investment u/s.69 of the Act on account