ITO-27(3)(1), MUMBAI, MUMBAI vs. SURUCHI PURWAR, MUMBAI

Mrs. Suruchi Purwar

2
Per : Narender Kumar Choudhry, Judicial Member:

This appeal by the Revenue Department and the Cross objection by the Assessee have been preferred against the order dated 10.02.2025, impugned herein, passed by the National Faceless Appeal Center (NFAC)/
Ld. Commissioner of Income Tax (Appeals) (in short Ld. Commissioner) under section 250 of the Income Tax Act, 1961 (in short ‘the Act’) for the A.Y. 2018-19. 2. Coming to ITA No.2451/M/2025, we observe that an information was flagged on NMS module of insight portal to the effect that the Assessee has entered into following financial transactions during the Financial Year
2017-18 relevant to A.Y. 2018-19:

Information Description
Source

Amount (Rs.)
TDS Statement – Interest other than interest on securities (Section 194A)
PUNJAB NATIONAL BANK
ANUSHAKTI NAGAR
33,083/-
Purchase by any person of immovable property
JOINT SUB