IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH, AHMEDABAD BEFORE DR. B.R.R. KUMAR, VICE-PRESIDENT SHRI SIDDHARTHA NAUTIYAL, 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)

(Assessment Year: 2015-16)

(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 represented by : Ms. Urvashi Shodhan, AR Revenue represented by : Shri Abhijit, Sr.DR Date of Hearing 27/11/2025 Date of Pronouncement 29/01/2026

O R D E R

PER SIDDHARTHA NAUTIYAL, JUDICIAL MEMBER:

The present appeal has been filed by the assessee against the order of the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi [hereinafter referred to as the “the CIT(A)”] dated 25/04/2025 passed for Assessment Year (AY) 2015-16.

2. The Assessee has raised the following grounds of appeal:

“1. The learned CIT (A) has erred in law and on the facts of the appellant's case in confirming addition of ₹1,66,98,526/- under Income from Capital Gain instead of "NIL".

2. The learned CIT (A) ha