IN THE INCOME TAX APPELLATE TRIBUNAL “B’’BENCH: BANGALORE BEFORE SHRI WASEEM AHMED, ACCOUNTANT MEMBER AND SHRI KESHAV DUBEY, JUDICIAL MEMBER ITA No.1526/Bang/2024 Assessment Year : 2014-15 M/s. Silicon Estates DCIT No.14, 6^th Floor, HM Geneva Central Circle-1(4)

House C.R. Building, No.1, Queens Cunningham Road Vs. Road Bengaluru 560052 Bangalore-560001 PAN NO :ABEFS6150N APPELLANT RESPONDENT ITA No.1534/Bang/2024 Assessment Year : 2014-15 DCIT M/s. Silicon Estates Central Circle-1(1)(1) No.14, 6^th Floor, HM Geneva House Room No. 215, 2^nd Floor Cunningham Road Vs.

BMTC Building, Kormangala Bengaluru 560052 Bangalore – 560095 APPELLANT RESPONDENT Appellant by : Sri Annamalai, A.R.

Respondent by : Sri Subramanian S., D.R.

Date of Hearing : 07.05.2025 Date of Pronouncement : 04.08.2025

O R D E R

PER KESHAV DUBEY, JUDICIAL MEMBER:

These cross appeals are filed against the order of ld.CIT(A)-11, Bangalore dated 15.06.2024 vide DIN: ITBA/APL/M/250/2024- 25/1065683453(1) passed u/s 250 of the Income Tax Act, 1961 (in short “the Act”) for the A.Y.2014-15.

2. The Assessee has raised the following grounds of appeal: - “1. The impugned order of the learned Commissioner of Income-tax (Appeals) - 11,