IN THE INCOME TAX APPELLATE TRIBUNAL “SMC” BENCH, MUMBAI BEFORE SHRI NARENDRA KUMAR BILLAIYA, ACCOUNTANT MEMBER SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER ITA No.5010/Mum/2025 (Assessment Year : 2016-17)

Maimoon Fashion Accessories Pvt. Ltd., 645, Maimoon House, Mohili Village, A.K. Road, J.B. Nagar S.O., Mumbai – 400059 ............... Appellant PAN : AACCM3307P v/s Income Tax Officer, Ward – 7(2)(1)

……………… Respondent Aaykar Bhavan, Maharishi Karve Road, Mumbai - 400020 Assessee by : Ms. Rupal Kaku Revenue by : Shri Rajiv Kadam, Sr.DR Date of Hearing – 24/09/2025 Date of Order - 26/09/2025

O R D E R

PER SANDEEP SINGH KARHAIL, J.M.

The assessee has filed the present appeal against the impugned order dated 19.11.2024, passed under section 250 of the Income-tax Act, 1961 (“the Act”) by the learned Additional/Joint Commissioner of Income Tax (Appeals)-4, Chennai, [“learned Additional/Joint CIT(A)”], for the assessment year 2016-17.

2. The present appeal is delayed by 205 days. Along with the appeal, the assessee has filed an application seeking condonation of the delay, which is duly supported by an affidavit sworn by the Director of the assessee company.

It is the plea of the assessee th