SIHLO,MANDI vs. INCOME TAX OFFICER, WARD MANDI, MANDI

Aforesaid appeal by assessee for Assessment Year (AY) 2017-18 arises out of an order of learned Commissioner of Income Tax (Appeals), NFAC [CIT(A)] dated 19-06-2024 in the matter of an assessment framed by Ld. Assessing Officer [AO] on best judgment basis u/s. 144 r.w.s. 147 of the Act on 29-03-2022. In the assessment order, Ld. AO made addition of cash deposits for Rs.28.93 Lacs for want of any representation from the assessee. The Ld. CIT(A) confirmed the assessment for non-prosecution of appeal. Aggrieved, the assessee is in further appeal before us. The registry has noted delay of approx. one year in the appeal, the condonation of which has been sought by Ld. AR on the strength of condonation petition which is accompanied by an affidavit of the assessee. The Ld. SR. DR has pleaded for dismissal of the appeal. 2. Keeping in mind the principles of natural justice, we admit the appeal and direct Ld. AO to frame de novo assessment with a direction to the assessee to plead and prove its case forthwith. 3. The appeal stand allowed for statistical purposes. Order pronounced on 17th November, 2025. (LALIET KUMAR) (MANOJ KUMAR AGGARWAL) JUDICIAL MEMBER ACCOUNTANT MEMBER