IN THE INCOME TAX APPELLATE TRIBUNAL AMRITSAR BENCH, AMRITSAR.

BEFORE SH. MANOJ KUMAR AGGARWAL, ACCOUNTANT MEMBER AND SH. UDAYAN DASGUPTA, JUDICIAL MEMBER (Physical Hearing)

I.T.A. No. 695/Asr/2024 Assessment Year: 2014-15 Assessment Year: 2014-15 Assessment Year: 2014-15 Assessment Year: 2014-15 Assessment Year: 2014-15 Assessment Year: 2014-15 Appellant by Sh. Sudhir Sehgal, Adv. Respondent by Sh. Charan Dass, Sr. DR Date of Hearing 16.12.2025 Date of Pronouncement 05.01.2026

ORDER

Per: Udayan Dasgupta, J.M.:

This appeal is filed by the assessee against the order of ld. CIT (A), NFAC, Delhi, passed u/s 250 of the Act, 1961 vide order dated 17.10.2024 which has emanated from the order of AO, NFAC, passed u/s 147 r.w.s 144B of the Act, vide order dated 17.09.2021.

2. Grounds of appeal taken by the assessee in form 36 are as under:

“1. The Ld. CIT(A) NFAC has erred on facts and law in dismissing the appeal of the assessee, vide order u/s 250 of the Act dt.

17.10.2024, filed against the order u/s 147 r.w.s. 144B of the Act Dt. 12.09.2021 in which the income of the assessee has been assessed at Rs. 71,03,069/- while making the addition of Rs.

43,39,999/-.

2. That the Ld. CIT(A) NFAC has erred