IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH “SMC’’ : NEW DELHI)

BEFORE SHRI MAHAVIR SINGH, HON’BLE VICE PRESIDENT ITA No. 3418/Del/2025 Asstt. Year : 2015-16 Raj Rani Gupta, vs. ITO, Ward-35(1), 506, 2^nd floor, Delhi Sharap Bhawan, Commercial Complex, Azadpur, New Delhi (PAN: AEQPG5421B)

(Appellant) (Respondent)

Appellant by : Shri Parikshit Agarwal, CA &

Ms. Shuriti Khandelwal, CA Respondent by : Shri Sangeet Bansal, Sr. DR Date of Hearing 05.08.2025 Date of Pronouncement 05.08.2025 ORDER This appeal filed by the Assessee is directed against the order dated 19.03.2025 passed by the NFAC, Delhi for the assessment year

2015-16 on the following grounds:-

1. That on the facts, circumstances and legal position of the case, the worthy CIT(A), NFAC in Appeal No. NFAC/2014- 15/10221239 has erred in passing order dated 19.3.2025 in contravention of provisions of Section 250 of the Income Tax Act, 1961.

2. That on facts, circumstances and legal position of the case, Worthy CIT(A) has erred in upholding the action of the AO of initiating, continuing and then concluding the impugned assessment u/s. 148 r.w.s. 147 and hence the impugned assessment order deserves to be quashed.

3. That on law, fa