2025 (6) TMI 625

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....Commissioner of Income Tax (Appeals)-2, Gurugram [CIT(A)] dated 17.02.2025 for Assessment Year (AY) 2017-18. 2. Brief facts of the case are that the appellant is an individual carrying on the business of pains and hardware. No regular return of income under the provisions of section 139(1) of the Income Tax Act, 1961 (the Act) was filed for AY 2017-18. Based on the information that the appellant ....

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....ed before the CIT(A), who vide the impugned order confirmed the action of the AO. 4. Being aggrieved, the appellant is in appeal before us in the present appeal. 5. The learned counsel for the assessee submits that the AO ought not have made addition under the head 'business' by estimating the profit at Rs. 5,92,823/- by comparing the profit for the year with subsequent year. It is further submi....