IN THE INCOME TAX APPELLATE TRIBUNAL, ‘D’ BENCH MUMBAI BEFORE: SHRI AMIT SHUKLA, JUDICIAL MEMBER &

SHRI ARUN KHODPIA, ACCOUNTANT MEMBER ITA No.4084/Mum/2025 (Assessment Year :2006-07 (Assessment Year :2006-07 (Assessment Year :2006-07 (Assessment Year :2006-07 (Assessment Year :2006-07 (Assessment Year :2006-07 (Assessment Year :2006-07 (Assessment Year :2006-07 (Assessment Year :2006-07 (Assessment Year :2006-07 Assessee by Shri Dhaval Shah a/w. Ms.

Tisha Bagh Revenue by Shri Annavaran Kosuri, Sr.

AR Date of Hearing 18/12/2025 Date of Pronouncement 08 /01/2026 / O R D E R आदेश PER AMIT SHUKLA (J.M):

This appeal has been preferred by the assessee against the order dated 19.05.2025 passed by the National Faceless Appeal Centre, Delhi, arising out of the reassessment framed under section 147 of the Income Tax Act, 1961, for the assessment year 2006–07. Through the grounds raised, the assessee has challenged both the assumption of jurisdiction under section 147 as well as the additions made on merits, particularly in relation to the adoption of stamp duty value as the full value of consideration under section 50C and the determination of cost of acquisition as on 01.04.1981 for the purpo