IN THE INCOME TAX APPELLATE TRIBUNAL ‘G’ BENCH: MUMBAI BEFORE SHRI SAKTIJIT DEY, VICE PRESIDENT AND SHRI JAGADISH, ACCOUNTANT MEMBER I.T.A. No. 704/Mum/2025 Assessment Year: 2014-15 &

I.T.A. No. 703/Mum/2025 Assessment Year: 2015-16 Windston Springs Private Dy. Commissioner Of Income Limited Vs. Tax-8(3)(2)

Unit No C-25, Second Floor, Shree Office of the Dy. Commissioner of Ram Industrial Estate, Plot No 13, Income Tax-8(3)(2), Room No. G D Ambekar Marg, Wadala (W), 615, 6^th Floor, Aayakar Bhavan, Mumbai-400031 M.K. Marg, Mumbai-400020 PAN:AAACW0542J (Appellant) (Respondent)

Appellant by : Shri Pramod Kumar Parida Respondent by : Shri Arun Kanti Datta, CIT D.R.

Date of Hearing : 10.12.2025 Date of Pronouncement : 08.01.2026

O R D E R

PER JAGADISH, A.M :

These appeals filed by the assessee for the assessment years

2014-15 and 2015-16 arise out of separate orders passed by the National Faceless Appeal Centre, Delhi [hereinafter referred to as “the Ld. CIT(A)”] dated 10.07.2024 and 25.10.2024 respectively. We first take up ITA No. 704/Mum/2025 relating to assessment year 2014-15.

2. The assessee is a private limited company engaged in the business of manufacturing and sale of industrial disc