IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCH “A”, PUNE BEFORE SHRI R. K. PANDA, VICE PRESIDENT AND MS. ASTHA CHANDRA, JUDICIAL MEMBER Assessment year : 2021-22 M/s. Giriraj Enterprises DCIT, Central Circle

1 Modi Baug, Building A, 1(1), Pune Vs.

Shivaji Nagar, Ganesh Khind Road, Pune – 411016 PAN: AACFG1563G (Appellant) (Respondent)

ITA No.553/PUN/2025 Assessment year : 2021-22 ACIT, Central Circle M/s. Giriraj Enterprises

1(1), Pune 1 Modi Baug, Building A, Vs.

Shivaji Nagar, Ganesh Khind Road, Pune – 411016 PAN: AACFG1563G (Appellant) (Respondent)

Assessee by : Shri Nikhil S Pathak Department by : Shri Amol Khairnar, CIT-DR Date of hearing : 19-06-2025 Date of pronouncement : 24-07-2025

O R D E R

PER R.K. PANDA, VP :

These are the cross appeals – the first one filed by the assessee and the second one filed by the Revenue and are directed against the order dated 27.12.2024 of the Ld. CIT(A), Pune-11 relating to assessment year 2021-22. For the sake of convenience, both these appeals were heard together and are being disposed of by this common order.

2. Facts of the case, in brief, are that the assessee is a partnership firm engaged in business of dealership in various FMCG products main