Sohanlal Vardichand Jain Vs. DCIT CC 1(1)

Parties Involved

Facts Summary

The present appeal has been filed by the assessee, Sohanlal Vardichand Jain, challenging the impugned order dated 20.02.2025 passed under section 250 of the Income Tax Act, 1961 by the National Faceless Appeal Centre, Delhi (NFAC) for the assessment year 2015-16. The assessee raised several grounds of appeal, including the erroneous reopening of the case under section 148, non-compliance with section 151, and erroneous additions under the head 'IFOS' and section 69C. Additionally, the assessee a…

Legal Issues

• 1. Whether the CIT (Appeals) erred in confirming the action of reopening the case under section 148.
• 2. Whether the CIT (Appeals) erred in confirming the action without complying with the provisions of section 151.

Precedents Relied Upon

Judgment Outcome