IN THE INCOME-TAX APPELLATE TRIBUNAL “A” BENCH, MUMBAI BEFORE SHRI ANIKESH BANERJEE, JUDICIAL MEMBER AND SHRI PRABHASH SHANKAR, ACCOUNTANT MEMBER ITA No.6054/MUM/2025 (A.Y. 2018-19)

Luvkesh Textile Industries Pvt. Deputy Commissioner Ltd. of Income Tax Circle

201, Maxheal House, Swami 4(2)(1)

Vs.

Ayyappa Mandir Marg, Bangur Aayakar Bhavan, Nagar, Goregaon West, Maharishi Karve Road, Mumbai - 400104 Mumbai - 400020 PAN: AAACL7421K (Appellant) (Respondent)

ITA No. 5924/MUM/2025 (A.Y. 2018-19)

Deputy Commissioner of Lukesh Textile Industries Income Tax Circle Private Limited

4(2)(1) Vs. 21/22 A Chunawal Ind Estate, 640 Aayakar Bhavan, Condivita Lane, Andheri East, Maharishi Karve Road, Mumbai - 400020 Mumbai - 400020 PAN: AAACL7421K (Appellant) (Respondent)

Present for:

Assessee by : Shri A. L. Sharma, AR Revenue by : Shri Surendra Mohan, Sr. DR Date of Hearing : 04.12.2025 Date of Pronouncement : 27.01.2026 आदेश / O R D E R PER PRABHASH SHANKAR [A.M.] :-

The instant appeals have been preferred by both the assessee and the Revenue which emanate from the appellate order passed by the Ld. CIT(A)/National Faceless Appeal Centre (NFAC), Delhi, [hereinafter referred to as “CIT(A)”] with regard to th