INCOME TAX APPELLATE TRIBUNAL AGRA BENCH “SMC”: AGRA BEFORE SHRI M. BALAGANESH, ACCOUNTANT MEMBER (Assessment Year: 2012-13)

Blue Lotus Developers, Vs. DCIT, 101, The Empire 33 City Circle-1(1), Centre, Thalipur, Gwalior Gwalior (Appellant) (Respondent)

PAN: AAIFB4692D Assessee by : Shri Rajendra Sharma, Adv Shri Manuj Sharma, Adv Revenue by: Shri Anil Kumar, Sr. DR Date of Hearing 19/01/2026 Date of pronouncement 21/01/2026

O R D E R

1. The appeal in ITA No. 448/AGR/2025 for AY 2012-13, arises out of the order of the ADD/JCIT(A), Chennai [hereinafter referred to as ‘ld. JCIT(A)’, in short] dated 29.08.2025 against the order of assessment passed u/s 143(3) of the Income-tax Act, 1961 (hereinafter referred to as ‘the Act’) dated 30.03.2015 by the Assessing Officer, DCIT, Circle-2, Gwalior (hereinafter referred to as ‘ld. AO’).

2. The original grounds raised by the Assessee are challenging the ad hoc disallowance of expenses in the total sum of Rs 6,50,000/- without rejecting the books of accounts of the Assessee under section 145(3) of the Act. The Assessee has also raised certain additional grounds which are purely legal in nature and hence the said additional grounds are hereby admitt