INCOME TAX OFFICER, WARD-1(3), LUDHIANA, AAYAKAR BHAWAN RISHI NAGAR, LUDHIANA vs. RAJ KUMAR, LUDHIANA

Aforesaid appeal by revenue for Assessment Year (AY) 2021-22 arises out of an order of learned Commissioner of Income Tax (Appeals), NFAC, Delhi [CIT(A)] dated 29-12-2023 in the matter of an assessment framed by Ld. AO u/s 143(3) of the Act on 21-12-2022. 2. The sole grievance of the revenue is qua addition of unverifiable purchases for Rs.10.91 Crores. The assessee failed to substantiate its case before Ld. AO. The Ld. CIT(A) estimated profit of 12.5% against the same for want of any effective representation from the assessee. Aggrieved, the assessee as well as revenue preferred further appeal before Tribunal. The Ld. CIT-DR stated that assessee’s appeal has already been restored back by Tribunal vide ITA No.368/Chandi/2024 dated 16-04-2025 to Ld. CIT(A) for de novo adjudication after affording reasonable opportunity of hearing to the assessee. Therefore, this appeal may also be restored back. Accepting the same, similar directions are issued in this appeal. 3. The appeal stand allowed for statistical purposes. Order pronounced on 09-06-2025. (MANOJ KUMAR AGGARWAL) JUDICIAL MEMBER