RNFI

- RNFI Services Limited received a favorable appellate order from the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, dated October 9, 2026, for Assessment Year 2024-25. - The appellate authority directed the deletion of the entire addition of Rs. 1,47,60,000 made under Section 69 of the Income-tax Act, 1961, regarding alleged unexplained investment in property. - The disputed addition, which was based on third-party search material and retracted statements, has been completely deleted, providing substantial relief to the company.

- RNFI Services Limited received a favorable appellate order from the Commissioner of Income Tax (Appeals) for Assessment Year 2024-25. - The appellate authority directed the deletion of the entire addition of Rs. 1,47,60,000 made under Section 69 of the Income-tax Act, 1961. - The addition was related to an alleged unexplained investment in property which has now been successfully contested and deleted.