आदेश / O R D E R

Per Paresh M Joshi, J.M.:

This is an Appeal filed by the Assessee under section 253 of the income tax Act 1961,[ herein after referred to as the Act for the sake of brevity] before this tribunal as & by way of a second Appeal. The Assessee is aggrieved by the order bearingNumber:-ITBA/NFAC/S/250/2024-25/1074631876(1) dated 18.03.2025 passed by the Ld. CIT(A) u/s 250 of the Act, which is herein after referred to as the “Impugned order”. The Relevant Assessment year is 2018-19 and the corresponding previous year period is from 01.04.2017 to 31.03.2018.

Factual Matrix

That as & by way of an Assessment Order made u/s 143(3)RWS 143(3A) & 143(3B) of the Act, the total income of the Assessee was computed and assessed at Rs.43,11,745/- .The total income as per the original ITR was at Rs(-)18,98,255/-. The addition of Rs.62,10,000/- was made by treating the said amount as bogus loans. That the aforesaid Assessment order bears Number :-ITBA/AST/S/143(3)/2020-21/1031748223(1)& that the same is dated 25/03/2021 which is herein after referred to as the “Impugned Assessment Order”.

That the case of the Assessee was selected for the Limited Scrutiny on the following issues:-