IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘F’, NEW DELHI Before Sh. Satbeer Singh Godara, Judicial Member &

Sh. Amitabh Shukla, Accountant Member ITA No. 1358/Del/2024 : Asstt. Year: 2011-12 DCIT, Vs Raj Kumar Kedia HUF, Central Circle-3, 59/17, Bahubali Apartment, New New Delhi-110055 Rohtak Road, Karol Bagh, New Delhi-110005 (APPELLANT) (RESPONDENT)

PAN No. AAKHR2602D CO No. 41/Del/2024 : Asstt. Year: 2011-12 Raj Kumar Kedia HUF, Vs DCIT, 59/17, Bahubali Apartment, New Central Circle-3, Rohtak Road, Karol Bagh, New Delhi-110055 New Delhi-110005 (APPELLANT) (RESPONDENT)

PAN No. AAKHR2602D Assessee by : Sh. Amit Goel, CA &

Sh. Pranav Yadav, Adv.

Revenue by : Sh. Sunil Yadav, CIT-DR Date of Hearing: 20.03.2025 Date of Pronouncement: 20.03.2025

ORDER

Per Satbeer Singh Godara, Judicial Member:

This Revenue’s appeal ITA No. 1358/Del/2024 and assessee’s cross objection CO No. 41/Del/2024 for Assessment Year 2011-12 arises against the CIT(A)-23, New Delhi’s in case No. CIT(A), Delhi-17/10214/2018-19 dated 03.01.2024, in proceedings u/s 147 r.w.s. 144 of the Income Tax Act, 1961 (in short “the Act”).

2. Heard both the parties at length. Case files perused.

3. It emerges at the outset that t