IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH MUMBAI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER ITA No.5745 and 5743/Mum/2024 Assessment Year: 2014-15 and 2015-16 Deputy Commissioner of Larsen & Toubro Limited Income Tax L & T House Central Circle 5(4) Narottam Morarji Marg Vs.

Mumbai Ballard Estate Mumbai – 400 001 PAN: AAACL0140P (Appellant) (Respondent)

CO NO. 282/Mum/2024 (Arising out of ITA No. 5743/Mum/2024)

Assessment Year: 2015-16 Larsen & Toubro Limited Deputy Commissioner of L & T House Income Tax Narottam Morarji Marg Central Circle 5(4)

Vs.

Ballard Estate Mumbai Mumbai – 400 001 PAN: AAACL0140P (Cross Objector) (Respondent)

Present for:

Assessee : Shri J.D. Mistry, Sr. Advocate and Shri Ronak Joshi, CA Revenue : Dr. K.R. Subhash, CIT DR and Shri Ram Krishn Kedia, Sr. DR Date of Hearing : 08.01.2025 Date of Pronouncement : 07.04.2025 O R D E R PER GIRISH AGRAWAL, ACCOUNTANT MEMBER:

These captioned appeals filed by the Revenue are against the orders of Ld. CIT(A)-53, Mumbai vide order nos.

ITBA/APL/S/250/2024-25/1067371868(1), dated 06.08.2024 & ITBA/APL/S/250/2024-25/1067371345(1), dated 06.08.2024 and Cross Objection filed by the assess