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Facts
The assessee provided an explanation in the assessment order dated 25.03.2022 passed under Section 147 of the Act. The CIT(A) passed an order based on this explanation. The revenue filed an appeal against the CIT(A)'s order.
Held
The Tribunal found no reason to interfere with the appellate order of the CIT(A) as the assessee's explanation was accepted. Therefore, the appeal filed by the Revenue was dismissed.
Key Issues
Whether the CIT(A) order based on the assessee's explanation under Section 147 was justified and if the Revenue's appeal against it should be dismissed.
Sections Cited
147
AI-generated summary — verify with the full judgment below
himself has accepted the assessee’s explanation in assessment order dated 25.03.2022 passed u/s. 147 of the Act. In view of foregoing, we find no reason to interfere with the impugned appellate order of learned CIT(A). Therefore, this appeal is dismissed. All the grounds of appeal are treated as disposed of in accordance with the foregoing directions and order.
In the result, the appeal of the Revenue stands dismissed.
(Order pronounced in the open court on 19.12.2025)
Sd/. Sd/. (KUL BHARAT) (ANADEE NATH MISSHRA) Vice President Accountant Member Dated: 19.12.2025 Aks/- Copy of the order forwarded to :
1. 1. The Appellant 2. The Respondent.
3. Concerned CIT 4. D.R., I.T.A.T.,