INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “C”: NEW DELHI BEFORE SHRI S RIFAUR RAHMAN, ACCOUNTANT MEMBER AND SHRI VIMAL KUMAR, JUDICIAL MEMBER ITA No.2685/DEL/2023 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 O R D E R PER VIMAL KUMAR, JUDICIAL MEMBER:

The appeal filed by the assessee is against order dated

09.08.2023 of Learned Commissioner of Income Tax (Appeals)- 29, New Delhi [hereinafter referred to as ‘Ld. CIT(A)] under Section 250 of the Income-Tax Act, 1961 (hereinafter referred to as ‘the Act’) arising out of assessment order dated 25.12.2018 of Learned Assessing Officer/Deputy Commissioner of Income Tax, Circle 13(1), New Delhi (hereinafter referred to as “Ld. AO")

passed under section 143(3) of the Act for assessment year 2016-

17.

2. Brief facts of the case are that the assessee company is engaged mainly as builder & developer apart from real estate consultant. Return of income declaring total income of Rs.50,91,290/- was filed by the assessee company electron