आदेश/ORDER

PER MAKARAND VASANT MAHADEOKAR, AM:

This appeal by the assessee is directed against the order dated 29.09.2025 passed by the Addl./JCIT (A)-1, Delhi from the Office of Ld. Commissioner of Income Tax (Appeals) [hereinafter referred to as “CIT(A)”] under section 250 of the Income-tax Act, 1961 [hereinafter referred to as “the Act”]for Assessment Year 2015–16, arising out of the assessment order dated 29.12.2017 passed by the Ld. Assessing Officer under section 143(3) of the Act. Facts of the Case

2. The assessee is a company engaged in the business of investment and finance and financial and management consultancy. The assessee filed its return of income for the year under consideration on 29.09.2015, declaring a total income of Rs. 73,59,060/-.The case was selected for limited scrutiny under CASS for the following reasons:

i. Large short term capital gains declared under section 111A,

ii. Receipt of large value foreign remittance as reported in Form 15CA, and

iii. Sale of property reported in Form 26QB.

3. Notice under section 143(2) was issued and served upon the assessee. During the course of assessment proceedings, the Ld. Assessing Officer issued several notices under sectio