GHANSHYAM SINGH PUNDIR, SAHARANPUR vs. ITO WARD-1, SAHARANPUR

PER SATBEER SINGH GODARA, JM:

This assessee’s appeal ITA no. 4622/Del/2025 for assessment year
2018-19 arises against CIT(A)/ NFAC, Delhi’s order dated 02.06.2025 (DIN &
Order No. ITBA/NFAC/S/250/2025-26/1076636797(1), in proceedings u/s 147 of the Income-tax Act, 1961, hereinafter referred to as the ‘Act’.

Case called twice. None appears at the assessee’s behest. He is accordingly proceeded ex parte.
2. Learned departmental representative vehemently argues during the course of hearing that both the lower authorities have rightly assessed the assessee herein @

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8% of the total credits of Rs. 65,31,372/- thereby treating the same as his business turnover in cement sales etc. This Tribunal’s attention is further invited to the assessment discussion dated 25.03.2023 to this effect which has been upheld in the lower appellate findings, under challenge.
3. That being the case and in light of clinching fact that both the lower authorities have accepted the asesssee’s case in principle i.e. credit herein as part of his actual business turnover liable to be assessed @ 8%, no merit is found in his substantive grounds raised herein and same are thereby rejected in very terms.
Ordered accordingly.
4. This assessee’s appeal is dismissed.
Order pronounced in open court on 20.08.2025 (SATBEER SINGH GODARA)

JUDICIAL MEMBER
*MP*