IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCH “A”, PUNE BEFORE SHRI R. K. PANDA, VICE PRESIDENT AND Ms. ASTHA CHANDRA, JUDICIAL MEMBER Assessment year : 2015-16 Assessment year : 2015-16 Assessment year : 2015-16 Assessment year : 2015-16 Assessment year : 2015-16 Assessment year : 2015-16 Assessee by : Shri Nikhil S Pathak Department by : Shri Amol Khairnar, CIT-DR Date of hearing : 08-01-2026 Date of pronouncement : 09-01-2026

O R D E R

PER R.K. PANDA, V.P:

This appeal filed by the assessee is directed against the order dated

21.08.2025 of the Ld. CIT(A) / NFAC, Delhi relating to assessment year 2015-16.

2. Although a number of grounds have been raised by the assessee, however, these all relate to the order of the Ld. CIT(A) / NFAC in upholding the validity of re-assessment proceedings.

3. Facts of the case, in brief, are that the assessee is a partnership firm engaged in the business of real estate. The assessee had not filed its return of income as per provisions of section 139(1) of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’). Information was available with the Assessing Officer that the assessee has purchased the immovable property for a consideration of Rs.