IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI “B” BENCH : MUMBAI BEFORE SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER AND SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER Assessment Year : 2022-23 Assessment Year : 2022-23 Assessment Year : 2022-23 Assessment Year : 2022-23 Assessment Year : 2022-23 Assessment Year : 2022-23 Assessment Year : 2022-23 Assessment Year : 2022-23 Assessment Year : 2022-23 Assessee by : Shri Madhur Agarwal Revenue by : Shri Inder Solanki, CIT-DR Date of Hearing : 04-11-2025 Date of Pronouncement : 01-01-2026

O R D E R

PER VIKRAM SINGH YADAV, A.M :

This is an appeal filed by the Revenue against the order of the Learned Commissioner of Income Tax (Appeals)-National Faceless Appeal Centre (NFAC), Delhi [„Ld.CIT(A)‟], dated 25-03-2025, pertaining to Assessment Year (AY) 2022-23, wherein the Revenue has taken the following grounds of appeal:

“1. On the facts and the circumstances of the case and in law the Ld. CIT(A) erred in deleting the addition of Rs. 47,94,55,093/- as unexplained money u/s. 69A made by the AO without appreciating the fact that in respect of unsecured loans, the assessee has not furnished the PAN, address, supporting documentary evidence and loan con