IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘F’: NEW DELHI BEFORE SHRI MAHAVIR SINGH, VICE PRESDIENT and SHRI S. RIFAUR RAHMAN, ACCOUNTANT MEMBER ITA No.8656/DEL/2019 (Assessment Year : 2012-13)

ITO, Ward 24 (3), vs. M/s. Suhir Finance and Chits Pvt. Ltd., New Delhi. WZ-13, Gali No.18, Krishna Nagar, Tilak Nagar, New Delhi – 110 018.

(PAN : AAOCS7131F) ITA No.8767/DEL/2019 (Assessment Year : 2012-13)

M/s. Suhir Finance and Chits Pvt. Ltd., vs. ITO, Ward 24 (3), WZ-13, Gali No.18, Krishna Nagar, New Delhi.

Tilak Nagar, New Delhi – 110 018.

(PAN : AAOCS7131F)

(APPELLANT) (RESPONDENT)

ASSESSEE BY : Shri Vikash Jain, Advocate Ms. Sarawani, Advocate REVENUE BY : Shri Sahil Kumar Bansal, Sr. DR Date of Hearing : 08.07.2025 Date of Order : 19.09.2025

O R D E R

PER S.RIFAUR RAHMAN, ACCOUNTANT MEMBER :

1. These cross appeals are filed by the Revenue and assessee against the order of ld. Commissioner of Income Tax (Appeals)-28, New Delhi [“ld. CIT(A)”, for short] dated 28.08.2019 for Assessment Year 2012-13.

2. Since the issues are common and the appeals are connected, hence the same are heard together and being disposed off by this common order. We proceed to hear the appeal of the assessee bein