IN THE INCOME TAX APPELLATE TRIBUNAL ‘B’ BENCH : BANGALORE BEFORE SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER AND SHRI SOUNDARARAJAN K., JUDICIAL MEMBER Assessment Year : 2019-20 Shri Mukesh Srichand The Deputy Goklaney, Commissioner of #7/15, Palace Cross Income Tax, Road, Central Circle –

Bengaluru – 560 020. 2(2), Vs.

PAN: ADQPG6042H Bengaluru. APPELLANT RESPONDENT Shri Hemant Pai, CA &

Assessee by :

Ms. Sakshi Deshpande, CA Shri Sankar Ganesh D, Addl.

Revenue by :

CIT-DR Date of Hearing : 11-08-2025 Date of Pronouncement : 07-11-2025

ORDER

PER SOUNDARARAJAN K., JUDICIAL MEMBER This is an appeal filed by the assessee challenging the order of the Ld.CIT(A)-15, Bengaluru dated 19/03/2025 in respect of the A.Y. 2019-20 and raised the following grounds:

“1. The order passed by the learned Commissioner of Income Tax (Appeals)-15, Bengaluru, ("CIT(A)"), under section 250 of the Income Tax Act, 1961 ("the Act"), insofar as it is prejudicial to the Appellant, is contrary to law, the weight of evidence, principles of natural justice and preponderance of probabilities on the facts and circumstances of the case.

2. The learned CIT(A) erred in confirming the addition made in respect of the seized jewe