IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘H’: NEW DELHI BEFORE SHRI MAHAVIR SINGH, VICE PRESIDENT and SHRI S.RIFAUR RAHMAN, ACCOUNTANT MEMBER (Assessment Year: 2011-12)

Vee Gee Industrial Enterprises Pvt. Ltd., vs. DCIT, Central Circle, Plot No.31 B, Industrial Area, NIT Faridabad, Faridabad.

Faridabad - 121 001 (Haryana).

(PAN : AACCV6675P) ITA No.3915/DEL/2024 (Assessment Year: 2011-12)

DCIT, Central Circle, vs. Vee Gee Industrial Enterprises Pvt. Ltd., Faridabad. Plot No.31 B, Industrial Area, NIT Faridabad, Faridabad - 121 001 (Haryana).

(PAN : AACCV6675P)

CO No.122/Del/2024 (in ITA No.3915/DEL/2024) (Assessment Year: 2011-12)

Vee Gee Industrial Enterprises Pvt. Ltd., vs. DCIT, Central Circle, Plot No.31 B, Industrial Area, NIT Faridabad, Faridabad.

Faridabad - 121 001 (Haryana).

(PAN : AACCV6675P)

(APPELLANT) (RESPONDENT)

ASSESSEE BY : Shri Pavan Ved, Advocate Shri Mohit Gupta, CA Shri Mirza Baig, CA Shri Sarthak Agarwal, CA REVENUE BY : Smt. Amisha Gupta, CIT DR Date of Hearing : 24.02.2025 Date of Order : 19.03.2025

O R D E R

PER S. RIFAUR RAHMAN, ACCOUNTANT MEMBER :

1. These cross appeals filed by the assessee and Revenue are against the order of the ld. Commissioner of Income T