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Income Tax Appellate Tribunal, DELHI BENCH ‘A’, NEW DELHI
Before: Sh. Saktijit DeyDr. B. R. R. Kumar
ORDER
Per Dr. B. R. R. Kumar, Accountant Member:
The present appeal has been filed by the assessee against the order of ld. PCIT, Central, Gurgaon dated 10.03.2017.
The assessee filed appeal before the Tribunal in June 2017. During the hearings conducted none appeared on 03.08.2021, 07.10.2021, 13.12.2021, 14.02.2022, 21.04.2022, 28.07.2022, 02.08.2022, 16.11.2022, 16.02.2023 and 27.04.2023.
The ld. PCIT passed order u/s 263 of the Income Tax Act, 1961 on 10.03.2027 and held that the AO has not examined whether separate books have been maintained and compliance of statutory report in Form 10CCB has been duly made. The ld. PCIT has also held that the AO has not verified the cost of Best Foods Ltd. construction of setting up of specified business and no examination has been done with regard to usage of new warehouse.
We have gone through the material on record. In the absence of any material contra, we decline to interfere with the order of the ld. PCIT.
In the result, the appeal of the assessee is dismissed. Order Pronounced in the Open Court on 28/06/2023.