THE INCOME TAX APPELLATE TRIBUNAL DELHI “E” BENCH: NEW DELHI BEFORE SHRI SUDHIR KUMAR, JUDICIAL MEMBER &

SHRI MANISH AGARWAL, ACCOUNTANT MEMBER ITA No.2417/Del/2022 [Assessment Year : 2016-17]

DCIT, vs Nutan Growth Fund Pvt.Ltd., Central Circle-20, L-4, Green Park Extension, New Delhi New Delhi-110016 PAN-AAACN0023H APPELLANT RESPONDENT Revenue by Shri Pravin Rawal, CIT DR Assessee by Shri Mahesh Kumar, CA &

Ms. Meenal Goyal, Adv. &

Ms. Vidhi Mangla, Adv.

Date of Hearing 25.06.2025 Date of Pronouncement 14.08.2025

ORDER

PER MANISH AGARWAL, AM :

The present appeal is filed by the revenue against the order of Ld. Commissioner of Income Tax (A)-27, New Delhi [“Ld.CIT(A)”] dated 21.07.2022 in Appeal No. CIT(A), Delhi-27/10594/2018-19 passed u/s 250 of the Income Tax Act, 1961 [“the Act”] arising from the assessment order dated 28.12.2018 passed u/s 143(3) of the Act pertaining to assessment year 2016-17.

2. Brief facts of the case are that assessee is a Private Limited company and filed its return of income on 01.10.2016, declaring income of INR 5,490/-. The assessee is engaged in the business of making investments in shares, properties, security and other various assets and buy and sell of s