IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH MUMBAI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER&

SHRI MAKARAND VASANT MAHADEOKAR, ACCOUNTANT MEMBER ITA No. 4252/Mum/2025 (Assessment Year: 2016-17)

(Assessment Year: 2016-17)

(Assessment Year: 2016-17)

(Assessment Year: 2016-17)

(Assessment Year: 2016-17)

(Assessment Year: 2016-17)

(Assessment Year: 2016-17)

(Assessment Year: 2016-17)

(Assessment Year: 2016-17)

(Assessment Year: 2016-17)

(Assessment Year: 2016-17)

(Assessment Year: 2016-17)

Assessee by ShriJeet Kamdar Revenue by ShriRajesh Kumar Yadav (CIT-DR)

Date of Hearing 13.01.2026 Date of Pronouncement 22.01.2026

आदेश / ORDER

PER MAKARAND VASANT MAHADEOKAR, AM:

This appeal by the Revenue is directed against the order dated 03.04.2025 passed by the Commissioner of Income-tax (Appeals), National Faceless Appeal Centre, Delhi [hereinafter referred to as “CIT(A)”], under section 250 of the Income-tax Act, 1961 [hereinafter referred to as “the Act”], for Assessment Year 2016–17, arising out of the assessment order dated 27.12.2018 passed by the Income Tax Officer, Ward 21(1)(2), Mumbai [hereinafter referred to as “Assessing Officer or AO”], under section 143(3) of the Act.

2. Facts of the Case

2.1 The